Obviously this has more applications than scammers/cheaters, which is why blockchain tech is so heavily experimented with and being integrated in so many other areas of tech.
#WHY DOES DELTA CRYPTO APP CALCULATE CASH WRONG HOW TO#
On a blockchain it's inherently unambiguous and the information is immediately available for all parties involved to know how to proceed.
![why does delta crypto app calculate cash wrong why does delta crypto app calculate cash wrong](https://nxblogimages.azureedge.net/nxblogfiles/2021/05/Screen-Shot-2021-03-30-at-12.42.23_SCALE.png)
Breaking the rules digitally shouldn't be possible in a properly designed system, which is what some blockchains can provide.Ĭurrently if someone says "no I didn't scam you", the truth of their statement is ambiguous without cooperative investigation. Yes, you could create a central system which flags "bad actions" or something, but it'd be difficult to prove someone scammed you without the cooperation of the central authority. This is the solution to a systematic problem in governance.īlockchains simply add verifiability of claims. You're wrong about "lacking initiative and the detailed procedures" - that's exactly what blockchains were created for: As a response to opaque and unreliable systems. 99% of the applications I see discussed can be done without blockchain, but people never seriously ask themselves why is that and instead say that crypto will solve it.
![why does delta crypto app calculate cash wrong why does delta crypto app calculate cash wrong](https://www.stampedcrypto.com/wp-content/uploads/2021/07/Bybit-crypto-exchange-to-impose-KYC-rules-905x613.jpg)
I also see a lot of discussions around NFTs being used to sell used digital games: again, it hasn't been done not because tracking ownership is difficult but because allowing that would take a large bite of game sellers/developers profits. It is very hard to discuss that maybe X wasn't done before not because of technology, but because of other issues.įor example, the problem of transparency and enforcement in governance is not that we lack the technology: it's that we lack the initiative and the detailed procedures. I see a lot of discussions on applications that follow the template: X has not been done, and X can be done with crypto, so now that crypto is available X will be done.
![why does delta crypto app calculate cash wrong why does delta crypto app calculate cash wrong](https://m.media-amazon.com/images/I/51CfB68aE5L._PJku-sticker-v7,TopRight,0,-50._SY300_.jpg)
There's another trend with crypto discussions which relates to this idea you said. I tried recently to explain to someone that cryptographically codifying law and contracts can be beneficial in a lot of ways (like transparency/enforcement in governance)