Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.
Justin Sun confirmed the appointment on his WeChat and Weibo accounts stating he is looking at trailing the path of Liang Jianzhang, the tech entrepreneur who founded the travel platform Trip.com.
