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RE: How Blockchains will prevent corruption
I believe the most valuable aspect of the blockchain is the trustless transparency.
I believe the most valuable aspect of the blockchain is the trustless transparency.
trust and transparency is achieved trough rules enforced by code, isn't it?
By "trustless" I don't mean we don't trust the blockchain, I mean the blockchain allows us to not trust each other.
me too. what I wanted to point you to is that ultimately the blockchain is software. what makes it trustless is that we agree on the rules that are enforced by that software and take the human out of the calculation. we don't have to trust the blockchain or software because we can verify it. everyone who can read software can verify how it will behave when certain conditions are met. thats mathematics. anyway, thanks for your comment!