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What do you think will the tech bros jump on next? (feddit.org)

submitted 3 weeks ago by Kennystillalive@feddit.org to c/memes@lemmy.world

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[-] Sibshops@lemm.ee 20 points 3 weeks ago

I think there’s a technical hurdle here. There’s no reliable way to enforce unique access to an NFT. Anyone with access to the wallet’s private key (or seed phrase) can use the NFT, meaning two or more people could easily share a game or software license just by sharing credentials. That kind of undermines the licensing control in a system like this.

[-] real_squids@sopuli.xyz 6 points 3 weeks ago

two or more people could easily share a game or software license just by sharing credentials

So like disks? Before everything started checking hwids. Just like the comment said, it would make corporations less money so they wouldn't do it.

[-] Transtronaut 7 points 3 weeks ago

Well, that's the point. In order for that system to work as described, you would need some kind of centralized authority to validate and enforce it. Once you've introduced that piece, there's no point using NFTs anymore - you can just use any kind of simpler and more efficient key/authentication mechanism.

So even if the corporations wanted to use such a system (which, to your point, they do not), it still wouldn't make sense to use NFTs for it.

[-] Valmond@lemmy.world 3 points 3 weeks ago

Blockchain with a central authority.

Yeah IDK...

[-] Transtronaut 3 points 3 weeks ago

Exactly. That's why it's so pointless.

[-] SparroHawc@lemm.ee 1 points 3 weeks ago

I mean, the same goes for a login. People share Steam accounts too.

[-] Sibshops@lemm.ee 1 points 3 weeks ago

It's easier to share on a blockchain. I can send the license to a new wallet then have the wallet sign a smart contract which could automatically drain it of any gas if anyone adds it.

Now I can give out the secret pass phrase and lots of people can play the game without having to give anyone my login credentials.