Cryptomedia, NFTs, and the Next Internet | Hacker News Reader

Cryptomedia, NFTs, and the Next Internet

thehundreds.com

23 pointshua20 comments

It’s now listed in the blockchain and universally recognized by the world that you are the rightful owner of the work.

No it’s not. Anyone could have put an artwork on the blockchain, even if it’s not theirs. Just because Alice uploaded an artwork doesn’t prove rule out the possibility that Bob was the creator.

Blockchains cannot link to the physical world while keeping their properties of ‘proofs’, yet so many projects seem to ignore this inconvenient fact.

This is not attempting to prove something previously unknown, or resolve an active uncertainty of authorship. But if an artist claims ownership over a work/token, and collective history remembers and validates that claim, then you can prove that you own that token.

If something is already known and collectively validated by history, then you don’t need a blockchain to prove anything.

Conversely, it is the previously unknown things that would most need some confirmation of authorship, yet here the blockchain concept fails again!

We need it to prove ownership (of digital things), not authorship.

Lots of work happening now on decentralized oracles to solve this problem.

I guess that’s an admission that this current blockchain concept is flawed as it stands, right? I’ve yet to see any truly decentralised oracle either...

> I’ve yet to see any truly decentralised oracle

These are relatively common in theory and practice.

- uniswap v2 oracles: https://uniswap.org/docs/v2/core-concepts/oracles/

- chainlink: https://docs.chain.link/docs/using-chainlink-reference-contr...

- schelling point oracles: https://blog.ethereum.org/2014/03/28/schellingcoin-a-minimal...

Coming soon, the CryptoKitties IPO?

There really is a market for unique stuff, even useless unique stuff. See Upland, Decentraland, etc., where people are buying virtual real estate. In Decentraland (which is totally centralized) you can at least log into a virtual world and put something on your land. Upland skips that step. You just get tradeable certificates which supposedly represent real-world locations to which you have no rights.

I get your point with Decentraland, but the dynamic data is all on the Ethereum network, the static data is all on IPFS, and anyone can run a node and have their own instance of the world for them and their friends to play on.

Sure, they have some hard coded authority for which NFTs get included in their marketplace, but people are free to switch that up on their own instances.

Sure, there are ways in which it could be more decentralized, but it's a hell of a lot more decentralized than anything else like it. I'm doubtful that any further decentralization would provide additional value to the ecosystem. If the devs go crazy though, it would take maybe a day for a handful of people to fork it and correct any leadership issues with the project. So far though, the leadership has been fine IMO.

Can I bring up a Decentraland server and sell my own land?

Land that you already own in Denentraland, or an alternate reality Decentraland where you own everything and want to sell it to others? The answer to both of those is yes.

All land sales happen on chain, so you can do it all directly from Etherscan if you want, no need to spin up a server.

Also, yeah, it's all open source. You deploy your own world contract, and point your version of the Decentraland engine at your contract, and you're good to go. You now control all the land and can sell it off as you see fit. You can even have a small property in the primary Decentraland which teleports you to AnimatsLand, and you could let people wear their same NFT outfits and everything.

I've become fully immersed. It started with seeing tweets about six weeks ago and lately CH rooms nonstop. NFT's are having a moment. From generative projects, to to NBA Top Shot, CryptoPunks, Beeple, b.20 my mind is blown. I've been painting token-related paintings for a couple years, and digitized my artist persona this past week via OpenSea.

Beeple's Christies auction will be very interesting.

It still blows my mind that CPI is not budging. Maybe it is true that we collect useless collectables during times of abundance instead of stuff that we need for survival.

If you are interested in nfts/virtual worlds from the perspective of a hacker creating a video game (that’s me!), my startup https://webaverse.com recently got seed funded to explore the business model space and we are hiring engineers. I love onboarding folks onto this wacky world.

How much did you raise and from whom?

Man a card game based on NFTs would kill. No concern for fakes when purchasing, perfect knowledge of supply and card history. I can't wait for this NFT stuff to kick off and murder blizzard/activision/EA models where they print money by pretending certain items are scarce.

Ask and you shall receive https://godsunchained.com/

Hey this looks great. Are there any referral codes to receive unique stuff? God writing this makes me feel like a shill trying to generate hype.

a little bit different, nice concept anyway https://noderunners.io/

I wonder if each audio byte on https://rapbits.com can be its own NFT. That would be kind of fun.

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