/biz/ - Business & Finance

Anonymous Fri May 8 15:34:18 2020 No.18958644 [View]
File: 106 KB, 908x371, BAT is off the chain.png [View same] [iqdb] [saucenao] [google]

someone made an interesting point about BAT's on-chain and off-chain movement the other day. They cited this post from cryptoJennie in the BATProject reddit.

I'm not smart enough to figure out what it means exactly, but I think it's not good. Like if they're doing all these transactions off-chain and on Brave's database, then 1) they could double-spend and 2) they'd be ripe for a fraud investigation by the SEC. Just seems like a really bad idea all-around, but then again doing all this shit on chain would be literally impossible and way too slow.

what do you guys think

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