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The founder of Signal has a great article about web3 and NFTs here --> https://moxie.org/2022/01/07/web3-first-impressions.html https://moxie.org/2022/01/07/web

by smnplk 5y ago

The founder of Signal has a great article about web3 and NFTs here --> https://moxie.org/2022/01/07/web3-first-impressions.html https://moxie.org/2022/01/07/web3-first-impressions.html

SkyMarshal 5y ago
https://news.ycombinator.com/item?id=29845208 https://news.ycombinator.com/item?id=29845208
emerged 5y ago
I have a theory that you could build an entirely fake blockchain ecosystem and people would still use it. Just use all normal “web 2” technology to simulate the same dynamics and people would still play the game to try and win money. In other words, the energy we see in crypto has nothing to do with the actual technical capabilities. It’s people enjoying playing an emergent game produced by the particular crypto low level mechanics. It may continue to go on for a long time just the same as any game or gambling web site stays popular.
- lukifer 5y ago
  I find the existence of "testnets" for blockchains fascinating. All the major chains have a parallel/shadow network used for testing and development, effectively identical to the real thing. Yet merely by social consensus (and semantic tags), one of them is acknowledged to be Monopoly play money, while the other is a store of value on par with many nation-states.
- DonHopkins 5y ago
  I propose NFTHC: based on "Proof of Weed" instead of "Proof of Waste". It's green renewable "Web 4:20" technology. Burn Weed, not Coal! It uses the honor system instead of crypto, just like those "Are you 18 or older? (Yes) (No)" age verification popups. To generate an NFTHC "Toke'n", the centralized server asks you: "Did you just burn some weed? (Yes) (No)". If you answer "Yes", then Shazam! Bob's your Uncle: it instantly and efficiently generates your unique NFTHC "Toke'n" without burning any coal or gas. Other than the fact that it's based on getting wasted instead of wasting energy, using truly green renewable resources whose production actually takes CO2 out of the atmosphere instead of burning coal that causes cancer and heart disease, designed for honorable stoners who just want to get high and relax instead of greedy money launderers and tax dodgers and scammers shilling shady get-rich-quick pyramid schemes who want to viciously cheat gullible victims out of their life savings while carelessly destroy the environment, NFTHCs are totally green, natural, organic, and aromatic, and they don't require wasting energy and burning stinky carcinogenic coal, so Proof of Weed based NFTHCs are otherwise totally indistinguishable from "traditional" Proof of Waste based NFTs.

by smnplk 5y ago

The founder of Signal has a great article about web3 and NFTs here --> https://moxie.org/2022/01/07/web3-first-impressions.html https://moxie.org/2022/01/07/web3-first-impressions.html

SkyMarshal 5y ago

https://news.ycombinator.com/item?id=29845208 https://news.ycombinator.com/item?id=29845208

emerged 5y ago

I have a theory that you could build an entirely fake blockchain ecosystem and people would still use it. Just use all normal “web 2” technology to simulate the same dynamics and people would still play the game to try and win money. In other words, the energy we see in crypto has nothing to do with the actual technical capabilities. It’s people enjoying playing an emergent game produced by the particular crypto low level mechanics. It may continue to go on for a long time just the same as any game or gambling web site stays popular.

lukifer 5y ago
I find the existence of "testnets" for blockchains fascinating. All the major chains have a parallel/shadow network used for testing and development, effectively identical to the real thing. Yet merely by social consensus (and semantic tags), one of them is acknowledged to be Monopoly play money, while the other is a store of value on par with many nation-states.
DonHopkins 5y ago
I propose NFTHC: based on "Proof of Weed" instead of "Proof of Waste". It's green renewable "Web 4:20" technology. Burn Weed, not Coal! It uses the honor system instead of crypto, just like those "Are you 18 or older? (Yes) (No)" age verification popups. To generate an NFTHC "Toke'n", the centralized server asks you: "Did you just burn some weed? (Yes) (No)". If you answer "Yes", then Shazam! Bob's your Uncle: it instantly and efficiently generates your unique NFTHC "Toke'n" without burning any coal or gas. Other than the fact that it's based on getting wasted instead of wasting energy, using truly green renewable resources whose production actually takes CO2 out of the atmosphere instead of burning coal that causes cancer and heart disease, designed for honorable stoners who just want to get high and relax instead of greedy money launderers and tax dodgers and scammers shilling shady get-rich-quick pyramid schemes who want to viciously cheat gullible victims out of their life savings while carelessly destroy the environment, NFTHCs are totally green, natural, organic, and aromatic, and they don't require wasting energy and burning stinky carcinogenic coal, so Proof of Weed based NFTHCs are otherwise totally indistinguishable from "traditional" Proof of Waste based NFTs.