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Relieved to see others saying it seems like an inside joke that they just don't get. What I don't understand is how content is verified. If I sell you a digital
by JMTQp8lwXL 6y ago
Relieved to see others saying it seems like an inside joke that they just don't get. What I don't understand is how content is verified. If I sell you a digital clip and the rights to it, who's verifying I had the permission to transfer those rights: that I owned the image/video/etc at all?
- Rule35 6y agoNobody and nothing, and this is generally impossible. Essentially what you do is just encode a trusted party (or multiple) and do what they say. This way you get "trusted" data in the blockchain for scripts to use. For instance, who owns a house, or the closing price of a commodity, or who won the super bowl (or an election). As you can imagine this just makes them a target for corruption.