3 ms·
It wouldn't? I'm not sure the question? An NFT with no reliance on third party infrastructure, as described above, would have no ability for denial of service.
by vmception 5y ago
It wouldn't?
I'm not sure the question? An NFT with no reliance on third party infrastructure, as described above, would have no ability for denial of service. More analogous to a non-digital art piece, where only third party individuals or companies that are digitally presenting an existing piece could be coerced by the arm of the state to stop displaying it via a DMCA request, but the existing piece still exists for anyone physically present to see. The NFT would just transcend geography in this case.
So a marketplace like OpenSea or a digital gallery could potentially receive a DMCA request. Galleries with unknown owners are likely going to become more prevalent.
It's up to the communities and potential purchasers to be discerning about what they interact with or buy, not really a standard to place on the technology thats a higher standard than other media. NFTs aren't here to solve plagiarism and unauthorized distribution. For a previous NFT work being re-released by someone else, consumers should check with the official community first before trying to acquire that contract. For an NFT work that wasn't previously issued (like a famous artist putting their stuff onchain suddenly now), they should do greater due diligence.
- peoplefromibiza 5y agoso basically we should throw away millennia of history and trial and error to reboot our societies using a technology that doesn't even work without an internet connection and a very fast computing device?
- vmception 5y agothe DMCA is 24 years old and its current use relies on an internet connection more heavily than onchain NFTs do. what stimuli were you replying to exactly, its not clear to me.
- peoplefromibiza 5y agothe DMCA relies on something called a law and the power of the State to enforce such law, using the force if necessary. your suggestion is to give up centuries of refinements on law making/enforcement and rely on personally checking every single trnsaction, because if you don't and are scammed, you're screwed and there's nothing you can do to get your money back. I'm not sure it's an improvement.
- vmception 5y agoThis thread isn't about NFTs being an improvement over all copyrighted work, this thread is about NFTs being an improvement over other NFTs. On the consumer side I wasn't suggesting anything, I said what they have to do in response to an already existing market with already existing transactions. This isn't about some future reality we imagine on an internet forum, this is about one you are simply not in. If you think checking is too hard, then make a service that makes it easier to check and charge people for it, how often do you rule out business models that you personally identify, because thats what the market is saying to do.
- peoplefromibiza 5y ago> If you think checking is too hard I'm saying it is useless Who's the authority that certifies that I am the real aithor of the NFT I'm selling? And what the original author can do to prevent it? absolutely nothing. so it's completely useless. you're buying random numbers produced by running some computing device at 100% for a few hours/days would you buy the output of 'cat /dev/urandom'?
- miracle2k 5y agoIt's a spreadsheet that is a list of tokens created by artists, and the corresponding owner in the column to the right. That spreadsheet will survive the bankruptcy of any particular company, which gives the tokens a sense of permanence, and Benjaminian aura if you will, that you don't get from a ledger run by Google. That is what is is, that is what people find it useful for. It is not supposed to do any other things.
- peoplefromibiza 5y ago> It's a spreadsheet that is a list of tokens created by artists or by people that found something slightly interesting and put it on the blockchain for money. here's no assurance that some artist made it, there's no assurance the author is the one selling it, there's basically no assurance, apart that they are trying to trick people into thinking that it's an investment. It's, in other words, a scam. > That spreadsheet will survive the bankruptcy of any particular company It won't. Monuments in Rome have survived thousands of years and hundreds of wars. 98% of NFTs will last at max few months > that you don't get from a ledger run by Google at least I can sue Google if they publish on their ledger the hash of something I made and someone else sold without my permission... > That is what is is, that is what people find it useful for Please, don't try to sell me your snake oil. That's the opposite of why people want them. People absolutely don't care about the item, proof is that the majority of items sold as NFTs would never ever have a market outside of the speculative bubble (and in fact they never had one before).