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RE: You don't have to trust ANYONE!

in #ethereum8 years ago

The point of Codex is to pull trust out of the interaction while also making the interaction easier. Art & Collectibles are worth so much because of their identity. To know whether a piece is genuine, a buyer has to check its ownership history to see if this really is the original piece.

All of this has to be verified over and over; with the Codex Protocol, the verification process is done in an instant because you just need to check the ownership history on the Codex. Since anyone can access it (with a payment) the need to trust on a third-party verification is out the door.

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oh yeah, that's right... now i get it better👌

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