I know what you mean @bynaomi I still dont like the fact you cant delete stuff and its recorded forever the 2nd thing I dont like is everybody can see exactly how much you have in your wallet these things are pretty off putting I know.
You are viewing a single comment's thread from:
I agree! Hope they change that in the future. What would their reason be to keep it public?
It’s the technology behind it, the blockchain is a public ledger, I’ts a distributed system where everyone can participate, being a whiteness means that you help to secure the network and provide the bandwith. Your password is also your adress where you get paid, thats how most cryptocurencies work, every transaction is public and here your adress is chained to your blog. There are some anonymous cryptocurency out there, so maybe one day it would be able to make the wallet anonymous but you won’t be able to delete posts after a while, those posts represent transactions and you get your money. Then you sell that money and you want to delete that post. How are you supossed to give that money back if you don’t have it anymore?
Wow, thanks for the great quality comment!!! Now I get it. I was always wondering but it all makes sense to me now. I like your reference to a piece of art. Totally agree! Thanks 😊
Thank you, I’m happy I could explain my humble knowledge to you.