Will it eridicate scams
Will it help with the scams that are happening, because nowadays, security and privacy are very important, in terms of the scams that we usually hear people complain about
Usually, scammers are able to succeed because people are often not that aware of how certain processes work. Awareness is key. People still get scammed on blockchain based platforms however, the error is mostly human prone and not system prone. The system is emperically scam-proof in the sense that you can only spend as much as you own, you cannot spend the same amount twice and you can track the transactions of any user. However, a person transacting on through your account and stealing your funds has to do more with you providing them with the details of your account to be able to do just that.
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