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Triple accounting is explained. You have an incorruptible third party that attests to the accuracy of the computation.



I am sorry but given that you can't explain using the simple example of double book keeping makes me doubt if you even know accounting at all. Just repeating the standard blockchain lines over and over again.


The accuracy of the computation is pretty much never the issue anyway. That's checkable by any auditor. As far as I can tell triple entry accounting adds one buzzword..


When was the last time you checked the books of the bank where your money is stashed ?

Because for your bitcoins, that would be "45 minutes or less".


The essential point of the third entry has been made.


How about using the above example and showing where the third entry is made?


The blockchain is the third entry.




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