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> That was NFTs working fairly well long before the invention of blockchain or computers or cryptography. Define fairly well. Title/deed recording is a very f
by throwawaycities 5y ago
> That was NFTs working fairly well long before the invention of blockchain or computers or cryptography.
Define fairly well. Title/deed recording is a very fractured system, with almost nearly every county maintaining its own recording system. The cost is astronomical to maintain from the recording offices, employees, to attorneys that complete a majority of the recorded documentation. Finally the “double spend” is in no way solved, title fraud and/or fraudulent deeds are a very real problem, that is rising as much as 30% year over year.
What exactly is an acceptable level of fraud to still constitute having solved the double spend problem in your mind?