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RE: I "Lost" my Wallet in Japan this Morning - This is What Integrity on the Blockchain Looks Like

in #steemit7 years ago

This is a really good reminder about the nature of blockchain. The fact that transactions are irreversible means that there is no centralised body (small ruling elite) that makes decisions. That is, it's decentralised. That being said, it means you need to be super dooper careful when sending sbd!!! Awesome story :)

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Well put! There are so many advantages to a decentralized system - but it does mean we are all fully responsible for every action because there is no one bail us out.

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