Engineers Do Not Get To Make Startup Mistakes When They Build Ledgers

Engineers Do Not Get To Make Startup Mistakes When They Build Ledgers

The article delves into the challenges faced by fintech engineers, particularly when dealing with ledger systems. It highlights how overlooking technical debt in entry-level solutions can escalate to significant issues, as illustrated by a startup's experience with 'dancing cents'β€”minor discrepancies causing customer dissatisfaction. The piece advocates for double-entry accounting systems, emphasizing the importance of robust ledgers for tracking transactions accurately and ensuring customer trust. Drawing from various examples and expert insights, it serves as a guide for developing scalable and reliable financial systems.

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