Ethereum

Guys, accounting is unsolved even for basic stablecoin txs.

An ironic and odd situation. Tradfi runs on myriad fugly FTP formats, yet the one fully transparent, precisely defined ledger is actually... somehow much harder to do accounting for.

I've tried all major options including Integral.

Who is fixing this?

Daimo Pay. Build once, distribute everywhere

All existing options are built by offchain natives resulting in completeness and soundness issues:
- Use txhash as primary key for an accounting tx. Totally broken for AA where you can have unrelated transfers under a single txhash.
- Missing ETH transfers (they don't emit logs).
- Basic coding errors

This is only addressing when doing accounting yourself. Now imagine this needs to interoperate with legacy accounting software of your accounting firm. I’m still sending printouts of Etherscan because they need proof of funds received for invoices and VAT.

Founder of @rotki 🐦, the portfolio tracker that protects your privacy.

#Berlin. University of Tokyo graduate. Marathon runner. #ethereum developer. #birding