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3) Because it's a public ledger, I didn't need Uncle Tommy (third-party) to make sure I didn't cheat, or make extra copies for myself, or send apples twice, or thrice Within the system, the exchange of a digital apple is now just like the exchange of a physical one. I used to not be able to say that about digital things. . Going through Blizzard is like pulling in Uncle Tommy ( a third-party ) out of court (did I mention he's a famous judge?) for all our park bench transactions.
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It'd be a tough system to beat. Ledgers, maybe these digital apples need to be tracked in a ledger. Some people say it'll change the world; some say it's just a fad.
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All the transactions that have ever happened, from all time, in digital apples, will be recorded. I can send it with a click of a button, and I can still drop it in your digital pocket if I was in Nicaragua and you were all the way in New York. I was there, you were there you touched. Seems kinda tough The Solution What if we gave this ledger to everybody? Some people are smart; some are misinformed.
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I know the exact amount that exists. Well, a lot of people are arguing over it now. And the code and rules are open source kinda like the software used in your mom's Android phone. The rules of the system were already defined at the beginning.
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So that's what an in-person exchange looks like. We can now deal with 1,000 apples, or 1 million apples, or even.0000001 apples.
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That was simple, right? Plus, it's not controlled by one person, so I know there's no one that can just decide to give himself more digital apples. It's digital after all. How should we treat or value these "digital apples"? I have one apple with me, I give it to you.