通俗的说，区块链本质上一种去中心化的分布式账本，它的记账方式不依赖于特定的个人或者机构，而是由多人同时进行记账，且任何人都可以对这个公共账本进行核查。区块链通过共识机制和分布式记账，确保了整个系统的公平、公正，它去中心化、公开透明、不可篡改的特性，构建了低成本的信任机制。
It is commonplace to say that the block chain is essentially a decentralized distributed account book that does not depend on a particular individual or institution, but is accounted for simultaneously by a number of people, and that anyone can verify the public account book. Through consensus mechanisms and distributional bookkeeping, the block chain ensures the fairness and fairness of the entire system, it is decentralized, transparent, non-reciprocal, and it builds low-cost trust mechanisms.
我们知道，目前的商业关系都是基于信任建立起来的，而这种信任，通常由“中介”担保，比如淘宝购物，支付宝用自己的品牌、口碑为我们提供了中介”担保，商家和买家才能放心买卖。但这种中介”担保存在一些弊端，理论上，它们可能跑路，可能会谋取中间利益，并不那么透明和公平。
We know that current commercial relationships are built on trust, which is usually guaranteed by “intermediaries,” such as shopping for treasures, paying for their brands, slogans, and providing intermediaries for us, so that merchants and buyers can be assured of buying and selling. But the guarantees of such intermediaries are flawed, and, theoretically, they may run the road, may seek intermediate benefits, and are less transparent and fair.
而区块链提供的信任模式是“去中介”的，是基于代码的机器信任，更公平、公正。所以说，未来区块链可能会彻底改变整个人类社会价值传递的方式，改变我们生活的很多方面。它能“发展如此迅速”，正是因为人们看到了它的无限可能，并正在尝试用它来实现这些可能。
And the block chain provides a model of trust “to broker”, based on code-based machine trust, which is fairer and more just. So, the future block chain may radically change the way in which the values of human society as a whole are transmitted and change many aspects of our lives. It can “go so fast” precisely because people see its infinite possibilities and are trying to use them to achieve them.
至于区块链“细分哪些行业”，肖恩觉得这是个伪命题，前面说了，它可能会改变我们生活的方方面面，而不是某一个行业，就像互联网的出现彻底改变了我们的生活方式，这种改变，可能是全范围。目前在试点应用的，有区块链发*、公益、溯源、版权保护、跨境转账等等。
As for what the block chain is, Sean thinks it's a pseudo-problem that it may change all aspects of our lives rather than one industry, like the advent of the Internet, which may be a whole range of changes to our way of life. There are now pilot applications of blocks – public goods, traceability, copyright protection, cross-border transfers, and so on.
当然，区块链技术的发展目前才刚刚起步，离大规模应用还有很长的路要走，它首先改变的，应该会是那些存在强势中介，且用户体验差的行业，因为去了“中介”，这些行业的各参与方都能受益。
Of course, the development of block chain technology is only just beginning, and there is still a long way to go before large-scale applications can be applied. First, it should be in industries where strong intermediaries exist and where users have poor experience, and where “intermediaries” are available, all participants in these industries can benefit.
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