3 ms·
Your implicit claim is that NFTs offer nothing more than decentralization which is not true, as it's basis is a public tamper resistant ledger that is difficult
by ForgotMyPwOops 5y ago
Your implicit claim is that NFTs offer nothing more than decentralization which is not true, as it's basis is a public tamper resistant ledger that is difficult to censor. How many systems like this exist already? How many are easier to use than NFTs? How many of your prospective customers are likely to know about or want to use this alternate system versus NFTs?
To claim it has no benefits other than decentralization seems odd to me
Edit: I can't respond past this point as I'm being throttled
- jrek 5y agoWhat problem is solved via a public tamper resistant ledger outside of the hypothetical? I routinely make purchases outside of a public tamper resistant ledger without issue. I’d argue that what you’ve stated is just the mechanism by which decentralisation is achieved (you haven’t identified any additional benefits).
- paddlepop 5y agoThe only novel benefit, as you say, is "decentralized trust". The blockchain portion of the NFT in most cases is simple a pointer to the asset and the owner, with the actual asset being off-chain managed by a single entity that can do whatever they please with it. Why does the ownership need to be decentralized if ultimately, the asset is mutable?