this post was submitted on 06 Nov 2023
713 points (96.8% liked)

Technology

59217 readers
3414 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Who’d have thought BoredApe NFTs would be such an actual eyesore?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 year ago (1 children)

where you have to trust that the cash the buyer is giving you is not counterfeit

Blockchain doesn't solve that.

or if using a bank transfer, that they will actually make the transfer once you signed away your ownership

Blockchain doesn't solve that.

The blockchain would be the ownership database maintained by the country

Why would you use blockchain instead of just a database. Blockchain is an extremely expensive, inefficient "database" that only makes sense if you don't have a central authority you can trust to run the database. If you're relying on the country to run and own the database, blockchain offers nothing useful.

In case you don’t know what I mean by “atomic”, I mean that the two operations cannot be done separately

Yes, it's a very standard property that most databases have, along with consistency, isolation and durability. So-called ACID. Again, this isn't some magical "blockchain" thing, this is a basic database feature.

[–] [email protected] 1 points 1 year ago (1 children)

You truly made an effort to ignore everything I wrote. Well done, I guess.

[–] [email protected] 1 points 1 year ago

You had nothing to say.