Ethereum update: Couldn’t data be falsified when inputting into the blockchain in the first instance?
I posted this in r/blockchain but it’s pretty dead so thought I’d post it here too:
I’ve been into blockchain for a while, but one thing I’ve always questioned is; can’t someone just input false data into a blockchain in the first instance?
I.e, say for example we have a blockchain for house deeds, all of the house deeds will need to be inputted into the blockchain to begin with. Couldn’t the person inputting the data falsify a house deed and put it on the blockchain, therefore tricking people into thinking it’s legit? When in reality it doesn’t even exist.
Thanks in advance.
About Ethereum
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Author: jimmy193
Score: 10
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