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Ownership of digital goods does exist since blockchain technology. You can now proof that things existed at a given time and that you are the rightful owner. Th

Ownership of digital goods does exist since blockchain technology. You can now proof that things existed at a given time and that you are the rightful owner. That was not possible before without a middleman. Incoperate that to YouTube. At the moment millions of channels steal video revenue from their creators. If it would be accepted as proof that you where the first uploading this video, ownership can be proofen in an instant without lawyers.

DanHulton 5y ago
Videos already have timestamps. Plus, all you gotta do is change one imperceptible bit in the video to get a different hash. Now your "proof" method is useless again. Well, actually, that's incorrect. It was always useless, it's not useless "again."
- razemio 5y ago
  No its not. What you miss is that the creation of the signature is stored in the blockchain. So the creator can proof, that the signature existed before the other signatures. If you modify a video, your signature would have a timestamp AFTER the first signature. Proofing that this is a modified version of the original content. Going a little bit further, modified versions of videos could be signed by the private key of the creator, proofing that the modified version was published with the consent of the creator.
thephyber 5y ago
This doesn't require a middleman, even pre-blockchain. Proof of Ownership of digital content has existed for at least 30 years; digital signatures were a feature of PGP. I could host the original video (original quality before upload) on my own website, link to / host my PGP public key, host the content digital signature on my website, then post these links in the YouTube description after I upload it there. NFTs don't always identify the owner publicly by their real world identity; typically the blockchain only proves that a particular wallet id owns the content. Hence, there is another link in the chain to be proven for your use case. PGP doesn't necessarily fix this either; it only proves that the digital key pair own the content, not an IRL identity.
- razemio 5y ago
  Sure but you miss a point. The blockchain proofs the creation date which pgp can not. So when you have the first signature of something, you can proof that you are the original creator. This ofc implies that everybody would use this method as proof of ownership.

DanHulton 5y ago

Videos already have timestamps. Plus, all you gotta do is change one imperceptible bit in the video to get a different hash. Now your "proof" method is useless again. Well, actually, that's incorrect. It was always useless, it's not useless "again."

razemio 5y ago
No its not. What you miss is that the creation of the signature is stored in the blockchain. So the creator can proof, that the signature existed before the other signatures. If you modify a video, your signature would have a timestamp AFTER the first signature. Proofing that this is a modified version of the original content. Going a little bit further, modified versions of videos could be signed by the private key of the creator, proofing that the modified version was published with the consent of the creator.

thephyber 5y ago

This doesn't require a middleman, even pre-blockchain. Proof of Ownership of digital content has existed for at least 30 years; digital signatures were a feature of PGP. I could host the original video (original quality before upload) on my own website, link to / host my PGP public key, host the content digital signature on my website, then post these links in the YouTube description after I upload it there. NFTs don't always identify the owner publicly by their real world identity; typically the blockchain only proves that a particular wallet id owns the content. Hence, there is another link in the chain to be proven for your use case. PGP doesn't necessarily fix this either; it only proves that the digital key pair own the content, not an IRL identity.

razemio 5y ago
Sure but you miss a point. The blockchain proofs the creation date which pgp can not. So when you have the first signature of something, you can proof that you are the original creator. This ofc implies that everybody would use this method as proof of ownership.