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What he says about NFTs is embarrassing, lmao. I've personally never bought them myself but I am enthusiastic about blockchain tech. Is there really no commitme
by Uptrenda 5y ago
What he says about NFTs is embarrassing, lmao. I've personally never bought them myself but I am enthusiastic about blockchain tech. Is there really no commitment saved for an art work? You would think this was basic shit. Maybe there is more than one NFT protocol?
He also has a good point about centralization in 'blockchain oracle' services. In major wallets I've often seen them just make calls to blockchain / TX lookup services -- no cryptographic proofs there (though in theory easy to add with 'spv proofs'?) I also like that he went as far as to make two dapps before critiquing it. This is one of the better criticisms of 'web3' out there.
I don't think what he says about OpenSea being better as a 'centralized' service is valid. Most of his critiques for the downside of blockchain-tech seem to be Ethereum-specific. For example, Solana transactions are blazingly fast, low-cost, and there are nice stable coins on there. OpenSea seems like it would be 'better' if it were an actual cryptographic protocol. Maybe link it with IPFS + Filecoin.