I keep noticing that systems don’t really run on data.
They look like they do. Everything is recorded stored and visible. Transactions balances activity it’s all there.
But data by itself doesn’t decide anything.
A wallet can interact with a protocol but that doesn’t automatically make it eligible. A user can have activity but that doesn’t mean they are trusted. The same data can be interpreted in completely different ways depending on who is looking at it.
That’s because systems don’t operate on raw data.
They operate on claims about that data.
“This wallet qualifies.”
“This user is verified.”
“This action meets the rules.”
Those are not data points. Those are decisions.
And without a clear way to define and verify those claims trust becomes fragmented.
Data is everywhere.
But trust only appears when someone can stand behind a claim and prove it.