489
The vast majority of NFTs are now worthless, new report shows
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 23 Sep 2023
489 points (100.0% liked)
Technology
34444 readers
194 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
Blockchain mathematically guarantees trust... for info stored on the blockchain. What guarantee do you have that this info matches things that happen in reality?
If you say: we need a social contract to ensure people update the blockchain, then I say: that defeats the purpose of the heavy lifting you need to mathematically guarantee info on the blockchain is genuine. Let's just have a social contact to pay the artist when appropriate.
I don't see what other way could exist to keep the blockchain and reality in sync.