No, nothing gets stored on the blockchain, no one gets to see the content of the files. We work with timestamps and hash ID's.
Each file has its own unique hash ID, when the file gets altered the hash ID changes with it. Combining this with timestamping allows us to certify authenticity of basically anything digital without people actually getting to see the contents of what is being certified.
http://www.proofofexistence.com
My argument would be because Bitcoin itself is aging. If we ever reach the transaction fees from 2017 again it'll be more expensive than doing centralized certification, in some cases even slower.
Nah thats not an argument. Every single blockchain can be used this way. Even Tittycoin can be used to get proof of authenticity of anything. Lol. Now a scoundrel like u with saggy tits comes up with a solution like this BUT this not a solution, it is merely part of the idea of any blockchain. The one can obtain non-falsifiable proofs by just hashing a digital image of whatever and verifying that with the blockchain. Bang! ur fradulent scheme just got uncovered.
Ofcourse every blockchain can do this. Every blockchain can also do decentralized web hosting. It's not about what a blockchain CAN do. It's about what it IS doing. The partners, the applications, the users the list goes on. It's not simply about the smart contract. It's like saying well this business COULD also do that, they just don't have it worked out in an ease of use way, have 0 users and actually don't even have a dApp for it..
And yes it is a valid argument because doing this on Bitcoin is simply too expensive and slow, that is undeniable.
Signature Chain has been developing non stop for 1.5 years with constant loss of funds instead of profits so if this project were a scam they're doing pretty terrible. The connections with Waves Platform and already existing applications scream of this not being a scam. Please look into the project you're trying to call a scam.
I would love to see a comment from you on my reply.