Hello dear readers. Today I will share my notes about Bit Trust System.The Bit Trust System was the first blockchain network based on system-level trust between accounts. It employed blockchain transaction records and trust algorithms to evaluate the reputation value of a given transaction object of an account, recommend, and match.
Firstly I am going to write what it tries to solve. Despite the fact that the bitcoin system solves the issue of using electronic cash, it fails to address the…