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Kodak shares up as it announces KODAKCoin cryptocurrency

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Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#101

Post by lightbyte »

sgt101 wrote: post #100
lightbyte wrote: post #98

Earlier quoted context omitted.

>How will you be aware of it? And what prevents someone from tweaking one pixel by one bit, changing the hash of the new image? I suspect this would be solved by visually comparing the two images and noticing that they are one in the same. Than you can just see which had their hash published on the block-chain first to see which is the real one.

Yes, but if you can identify an image in that way then you can claim the copyright anyway. Searching for copyright violation is the challenge.

>but if you can identify an image in that way then you can claim the copyright anyway.

Just identifying the images are the same doesn't prove which was the original though. The hashes being publicly available is the key, because you can easily tell which came first.

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#102

Post by ganoushoreilly »

steve_adams_86 wrote: post #43
Spivak wrote: post #37

Somebody was really rushed to publish this. I mean good lord the site they link to https://www.kodakcoin.com/ still has lipsum and what I can only assume are placeholder photos. Unless Jan Denecke really is a man of many faces. Edit: Oh my god the background is an Adobe stock photo complete with watermark. Edit2: No, Kodak you don't get to just take the site down. The internet never forgets. https://imgur.com/a/LtI2s

Haha, you caught that moments before they replaced it with a "we'll be online within 24 hours' message.

Sites rendering now with same stock photo : /

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#103

Post by lurr »

lightbyte wrote: post #96
the_stc wrote: post #83

Earlier quoted context omitted.

Our ICO is really an IPO. We are selling shares in our company (unregulated security). We have a real business model, good fundamentals. And before the full ICO, we will have a working service. Cryptocurrency allows us to avoid capital and other controls to fund a venture which would be impossible to fund otherwise. But most ICOs are blatant scams trying to justify their useless tokens, Kodak included.

So you're trying to get around regulations that you would need to follow if you wanted to do an IPO?

Plus no one really owns anything.

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#104

Post by rainbowmverse »

krisives wrote: post #55

Part of me wants to call this Cryptowashing, but I don't know enough about modern photography. Is Kodak a brand that professionals use to shoot? Would they patent this "integration" so that others can't easily do it in various markets?

Kodak has more or less shifted to focus on printing and packaging. Building it into their printers would let photographers get credit when someone prints one of their photos (authorized or not).

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#105

Post by the_stc »

lightbyte wrote: post #96
the_stc wrote: post #83

Earlier quoted context omitted.

Our ICO is really an IPO. We are selling shares in our company (unregulated security). We have a real business model, good fundamentals. And before the full ICO, we will have a working service. Cryptocurrency allows us to avoid capital and other controls to fund a venture which would be impossible to fund otherwise. But most ICOs are blatant scams trying to justify their useless tokens, Kodak included.

So you're trying to get around regulations that you would need to follow if you wanted to do an IPO?

More than that, our business is not legal in the US which is one of our primary markets.

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#106

Post by fl0wenol »

lightbyte wrote: post #99
runeks wrote: post #76

Earlier quoted context omitted.

> Picture this: you snap a photo, its hash is on a decentralized public record. If someone uses this photo, you're aware of it and can be rewarded/credited appropriately. Except if that someone changes a single bit in the photo data (which will result in a completely different hash).

That won't stop you from visually identifying that they are the same, then just looking at the block-chain to see which hash was published first (and thus the real photo).

Unless there's a parallel repository of all the images in a form that's easy to search (some kind of sparse, feature-rich form that's quick CV-match friendly), which isn't the hash, you're going to have a hard time with that initial assessment and enforcement of potential infringers.

That right there could be a pretty expensive system to maintain and it isn't ideal to distributed across a bunch of blockchain participants, it probably has to live in a Kodak server farm somewhere.

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#107

Post by the_stc »

lurr wrote: post #103
lightbyte wrote: post #96

Earlier quoted context omitted.

So you're trying to get around regulations that you would need to follow if you wanted to do an IPO?

Plus no one really owns anything.

>really

We issue dividends which is more than you can say about SNAP.

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#108

Post by lurr »

SippinLean wrote: post #3

>The initial coin offering...is open to accredited investors Is this fairly common now? Most of the ICOs I've read about before were basically open to everyone.

Except US citizens, in a lot of cases.

Reason is they want to avoid SEC Wrath for sketchy shit.

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#109

Post by GFischer »

rublev wrote: post #97
Clubber wrote: post #57

Earlier quoted context omitted.

Guys billing $500 an hour to tell people what they want to hear.

How do I become this guy? I get paid $80 an hour for a much harder job.

Heh, I want to know how to get paid $80/hour :) , grass is always greener right?

Re: Kodak shares up as it announces KODAKCoin cryptocurrency

#110

Post by kensai »

goodroot wrote: post #64

I know HN isn't too spiced up about Crypto, but it's important to realize that lots of these "cryptocurrencies" are built atop Ethereum -- that's part of what makes it magical. This is leveraging Ethereum, to create a currency, to address a market need: photographers getting appropriate renumeration and accreditation for their work. Picture this: you snap a photo, its hash is on a decentralized public record. If some…

How do you know it's leveraging Ethereum? Link?!
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