Recently, at the 2019 China Blockchain Technology and Application Summit Forum, Zou Chuanwei, chief economist of Wanxiang Blockchain, made a speech around the generalization paradigm and account paradigm in a speech entitled “Blockchain and Financial Infrastructure”. Comparison of dimensions. In terms of economic connotation, the certificate can have the meaning of assets and liabilities, or it can not, and the account generally has the meaning of liabilities. In the implementation of the transaction, the certificate has the characteristics of constant total amount when moving between addresses, decentralization of transactions, and programmable based on smart contracts. Account transactions are credit risk, settlement risk, and programmable based on account authorization. In terms of openness and privacy protection, the certificate is highly open to users, anonymous in address, and not tamperable. User accounts under the account paradigm are associated with identification, transactions are trackable, and there is a risk of tampering. In terms of efficiency, the pass is subject to the "impossible triangle" of the blockchain. The efficiency of the account paradigm can be high.