Has anybody ever thought of something like a real world NFT? Imagine if you took a bunch of dried plant pigments and mixed them with oil and smeared them onto a canvas. Because it is physical it couldn't be duplicated or double-spent and it has a simple materials-based minting cost. I don't think anybody has done this before and there is probably a large market for buying and selling something like this. These are early days.
CSVCHAIN - NFTs backed by CSV technology
81–90 of 171 posts
Re: CSVCHAIN - NFTs backed by CSV technology
#82Earlier quoted context omitted.
No, it's a thorough gotcha for a shallow topic to which money has given the illusion of depth. If you need a centralized entity to enforce the rights associated with a decentralized system, the decentralized system is unnecessary. We've long had solutions for the purchase of digital assets on any platform you choose, with ownership and usage rights enforced by the state.
Exactly. This is my problem with all these things people claim blockchain technology will solve. People think it's magically going to solve all the problems created by the government. They think it's a work around to fix corruption. No matter how hard you blockchain you're still under the law of the government. You still have to pay taxes in your country's currency. Your "decentralized" blockchain still relies on cen…
> People think it's magically going to solve all the problems created by the government
No one other than extremists (which exist in all groups) believe this, using this as a reason to hate NFTs makes you appear unreasonable and not grounded in reality
Re: CSVCHAIN - NFTs backed by CSV technology
#83Where's the smart contract capability? Smart contracts are important in certain applications, which is why I store purchases in XML and do transformative contracts in XSLT. Version 2.0 of XSLT is Turing-Complete, with the added advantage that XSLT syntax is a specialized form of XML, so I only have to use one syntax for coins and contracts. I call mine Dotcom Bubble Chain.
Re: CSVCHAIN - NFTs backed by CSV technology
#84Earlier quoted context omitted.
Socks are in fact immutable infrastructure. When your EC2 instance crashes, you shut it down and provision a new one. When your socks get holes, you throw them out and buy new ones. This isn't 2010 anymore, you really think people debug their servers and mend their socks?
You are thinking about threads, not socks. It's the threading technology you need to review; HINT: the color matters.
The threads built on NFT-w (natural fibre textile, wool) don't have these issues and can be spun up in a more eco-friendly way. All these garment-haters that talk about how cotton requires huge amounts of land and water don't seem to understand that we have already solved these issues by using a BAT (basic ALPACA token), and those of us who bought BAT early will be riding this kid all the way to new zeeland!
EDIT: the downvoters are just people who don't know how a POW (proof of wool) exchange works, or are in denial about how we can scale it by using clumps to have localized, bidirectional hair-pulls. It can scale from dual-crimps all the way up to a felt.
Re: CSVCHAIN - NFTs backed by CSV technology
#85Has anybody ever thought of something like a real world NFT? Imagine if you took a bunch of dried plant pigments and mixed them with oil and smeared them onto a canvas. Because it is physical it couldn't be duplicated or double-spent and it has a simple materials-based minting cost. I don't think anybody has done this before and there is probably a large market for buying and selling something like this. These are ea…
Next you will want a building in which to keep these objects, which will of course need heating and lighting (need I even start to compute the power cost…) and will take up real estate that could otherwise be used for apartments where people could literally LIVE!
You’ve also failed to account for right clickers (so named for the click of a camera shutter, normally triggered by a button to the right of the camera) who can simply take a picture of your object and trade it as they like… This will surely reduce the value of any one of your works to zero!
(In all seriousness, NFT’s gotta be stopped!)
Re: CSVCHAIN - NFTs backed by CSV technology
#86Critical security flaw: right-clicking is enabled!
Re: CSVCHAIN - NFTs backed by CSV technology
#87Earlier quoted context omitted.
No, it's a thorough gotcha for a shallow topic to which money has given the illusion of depth. If you need a centralized entity to enforce the rights associated with a decentralized system, the decentralized system is unnecessary. We've long had solutions for the purchase of digital assets on any platform you choose, with ownership and usage rights enforced by the state.
Your implicit claim is that NFTs offer nothing more than decentralization which is not true, as it's basis is a public tamper resistant ledger that is difficult to censor. How many systems like this exist already? How many are easier to use than NFTs? How many of your prospective customers are likely to know about or want to use this alternate system versus NFTs? To claim it has no benefits other than decentralizatio…
What problem is solved via a public tamper resistant ledger outside of the hypothetical? I routinely make purchases outside of a public tamper resistant ledger without issue.
I’d argue that what you’ve stated is just the mechanism by which decentralisation is achieved (you haven’t identified any additional benefits).
Re: CSVCHAIN - NFTs backed by CSV technology
#88Earlier quoted context omitted.
No, it's a thorough gotcha for a shallow topic to which money has given the illusion of depth. If you need a centralized entity to enforce the rights associated with a decentralized system, the decentralized system is unnecessary. We've long had solutions for the purchase of digital assets on any platform you choose, with ownership and usage rights enforced by the state.
Your implicit claim is that NFTs offer nothing more than decentralization which is not true, as it's basis is a public tamper resistant ledger that is difficult to censor. How many systems like this exist already? How many are easier to use than NFTs? How many of your prospective customers are likely to know about or want to use this alternate system versus NFTs? To claim it has no benefits other than decentralizatio…
The only novel benefit, as you say, is "decentralized trust".
The blockchain portion of the NFT in most cases is simple a pointer to the asset and the owner, with the actual asset being off-chain managed by a single entity that can do whatever they please with it.
Why does the ownership need to be decentralized if ultimately, the asset is mutable?
Re: CSVCHAIN - NFTs backed by CSV technology
#89Wow, transaction confirmation times are really slow. I've been waiting for my purchase to go through for an hour now.
Re: CSVCHAIN - NFTs backed by CSV technology
#90Earlier quoted context omitted.
In the event of using 2 1GB drives with one stored in the sock drawer, how do we prevent the quite literal "evil maid" attacks altering the CSVCHAIN? Additionally, if we do use this mechanism, I petition to fork the name from CSVCHAIN to SockChain.
I don't know how many times I need to repeat this FACT on this site, but socks are NOT immutable. How many holes do you have in your 7 year old socks? I'd wager a LOT. How many mismatched socks do you have in your drawer? I'd wager, AGAIN, a LOT. The only way to make this truly secure, is to have 2 USB thumb drives, plugged into a different side of the machine (god hope you have a machine with USB ports on both sides…
One of the most fascinating things I learned as a kid is that you can cut a Planaria flatworm in half, and each half regenerates the missing half. So now you have two Planaria.
If this works for the CSVCHAIN PC, you could have exponentially increasing compute power and storage!
Regarding the socks, a good trick is to use two drawers. One drawer has only matched pairs of socks. Unmatched single socks go in the second drawer, and some of them will eventually find a matching sock.
I plan to write an article on this. I will call it Socks and the Singles Drawer.