this post was submitted on 12 Jun 2023
1374 points (98.4% liked)
Lemmy.World Announcements
29099 readers
34 users here now
This Community is intended for posts about the Lemmy.world server by the admins.
Follow us for server news ๐
Outages ๐ฅ
https://status.lemmy.world
For support with issues at Lemmy.world, go to the Lemmy.world Support community.
Support e-mail
Any support requests are best sent to [email protected] e-mail.
Report contact
- DM https://lemmy.world/u/lwreport
- Email [email protected] (PGP Supported)
Donations ๐
If you would like to make a donation to support the cost of running this platform, please do so at the following donation URLs.
If you can, please use / switch to Ko-Fi, it has the lowest fees for us
Join the team
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
As much as I'm interested in crypto I hate the bizarre idea of nfts. I'm glad they all but died out already.
I still have to come across one situation in which NFTs would be better than what we currently use.
If the data was actually stored in the blockchain, then it would have some chance of being valuable, but every NFT, except I believe Bitcoin's newest, just stores a link in the chain which links to the image or whatever. As long as that's the standard it's not going to see use by anyone but scammers.
While I wouldn't say it would make things like drawings of monkeys with different backgrounds valuable at the very least it would have made them truly decentralized instead of these [random-blockchain-company]-dependent and ICANN-dependent scams
Exactly. A decentralized reference to a centralized server isn't decentralized.