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RE: Employed on the blockchain: Scam or the future?

in #steemit7 years ago

I think that if used sparingly, it would be possible to have as a bonus system for a company though. I am not pushing for this, just thinking about how some may game the system.

The next question is, what if someone makes their own interface with private access? As you know, the technical side for me is very limited in these areas but I wonder what happens in such a scenario. Sure, you could still see it on the blockchain but someone would have to be looking for it specifically, and with millions of users and transactions, if the payments are not overly large, will anyone see?

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Right kind of like money laundering 😂

Well it would never really work completely. You could definitely obfuscate with random accounts but for anything of any significant value there are people looking for those transactions, both spam fighters and not so nice people. On Steem the conspicuous thing is the value of posts and transfers, you can't really hide that. It's one of the strengths. So as you say, if not overly large, they might go unnoticed.

However I'm sure that will feel so shady it wouldn't catch on.

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