The record names the account and never the program
Every order leaves a record: a timestamp, a price, a stake, a device and an address. What the record never holds is the software. All 900 sampled orders are recorded on the ordinary internet channel, 900 of 900 carry a device, and 0 of 900 name the program that placed the order or the person who wrote it - because a record is written about a customer, and the program is not one.
- orders recorded
- 900
- on the ordinary channel
- 900
- carrying a device
- 900
- naming the software
- 0
- naming the author
- 0
- identifying the account
- 900
The record of an automated order holds the account, the timestamp, the price, the stake, the device and the address: all 900 sampled orders are recorded on the ordinary internet channel with a device attached. None names the software that placed it and none names its author, because the record is written about the customer rather than the program.
Why this is the point of the desk
The record is the reason the consequence lands where it does. Because the software leaves no name, the platform can only act on the account, and because the account is a verified person, that person carries everything: the ceiling, the closure and the refused withdrawal. The record is not unfair; it is simply written about the only party the platform has a contract with.
| the platform record | the customer own record |
|---|---|
| the account and the name | the program and its rules |
| the order, price and time | the log the program wrote |
| the device and the address | the machine it ran on |
| held by the operator | held by the customer, if at all |
| the platform can act on one record and never sees the other | |