#OpenLedger $OPEN OpenLedger is essentially a distributed database system guaranteed by cryptography, with its core innovation being the realization of "trust without intermediaries". Unlike traditional closed systems, OpenLedger has three major technological pillars:

Through algorithms such as PoW (Proof of Work) and PoS (Proof of Stake), mutually distrustful nodes can reach consensus on the state of the ledger. This mechanism ensures that no single entity can control or tamper with the system, such as the PBFT algorithm used by Hyperledger Fabric, which can complete consensus confirmation among hundreds of nodes in one second.

All transactions are packaged into blocks in chronological order and linked through hash pointers. Once information is recorded, modifying a single block requires controlling over 51% of the network nodes simultaneously, which is practically impossible to achieve. This feature makes OpenLedger a naturally trustworthy auditing platform.

A Turing-complete scripting language allows for the coding of business logic on the ledger. These codes are executed automatically and verified across the entire network, reducing the risk of human intervention while significantly enhancing collaboration efficiency. DeFi applications on Ethereum achieve services that traditionally require multiple intermediaries through smart contracts. @OpenLedger