TIP features the first indexed and searchable blockchain, allowing attaching data to transactions and accounts; usernames as addresses; search and find others by usernames; and a cryptocurrency point of sale system for businesses.
https://foundico.com/ico/tip-blockchain.htmlIf this system cam into being then the scammers will not be able to scam anyone with addresses and people will rely on the platform because they will know the person to whom they will send the money.
Yes I saw that the scammers often alternate the address with some virus which replace the copied address to the clipboard to their own and they steal the money from the sender. This will now not be a problem as they will send within the platform and will send directly to the person username.
Many people also lose their money because of sending coins to a wrong address as it is hard to recognize any address. But now with Tip blockchain they will not lose their money by doing that mistake. They will search for the username on the platform and will send their coins to that.
yes in this project when they will launch their product, I mean their app, then we will find it more easy to send and receive our coins. The merchants will also be satisfied with the usage of the crypto currencies as they will then do not worry for the double spending or any other scam
I was also thinking that double spending will not be a problem in this app. If this will happen then a bigger issue will be solved. Merchants and local shops will not deny to use the coins of crypto because of the fear of double spending.