932
None. Suffer. (lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
[-] hddsx@lemmy.ca 12 points 1 day ago

What does blockchain solve that existing contracts don’t do? Blockchain has takeover possibility

[-] Iheartcheese@lemmy.world 3 points 1 day ago

Honestly I don't know. I'm just pointing out the only thing that kind of sort of sounded like a good idea for it I've ever heard. For pictures it's stupid that's for sure

[-] hddsx@lemmy.ca 12 points 1 day ago

It’s not a picture though. It’s a link to a picture on a server somewhere. If the host goes down, you own nothing.

[-] Zagorath@aussie.zone 3 points 1 day ago

Isn't it just a small amount of data? If the picture is small enough you could put it directly on the blockchain.

Dunno why you would though. It's very limiting for no particular gain.

[-] ConnecticutKen@lemmy.world 5 points 1 day ago

But in NFTs the picture is not on the Blockchain. Only a link to the picture is on the Blockchain and the picture itself is still just on the web.

[-] hddsx@lemmy.ca 2 points 1 day ago

No, they are right. What they are saying is that even though pretty much all NFTs contain a link to a picture on the blockchain, theoretically you could write a really, really small image in the space where you would normally write the URL. From a quick google, that’s 100 bytes. For a black and white image, that’s 100 pixels. For color, that’s around 30 pixels

[-] Iheartcheese@lemmy.world 3 points 1 day ago

The technology behind it can be used for things other than pictures. That's kind of the point people are making

[-] hddsx@lemmy.ca 2 points 1 day ago

Right, and my original question was what does the technology solve? And so far the answer appears to be nothing

this post was submitted on 13 Nov 2024
932 points (100.0% liked)

People Twitter

5226 readers
2165 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying or international politcs
  5. Be excellent to each other.

founded 1 year ago
MODERATORS