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I'm tired of saying that NFTs are not a tool to verify the original property, which can't be done inside the blockchain, but to prove that the following transac

I'm tired of saying that NFTs are not a tool to verify the original property, which can't be done inside the blockchain, but to prove that the following transactions are legitimate.

dralley 5y ago
Which is basically useless in the face of how trivial the initial conditions are to violate.
- binibus 5y ago
  Then the issue is in the aforementioned institutions. What's the point in blaming the techonlogy that solves part of the problem?
- miracle2k 5y ago
  > Which is basically useless in the face of how trivial the initial conditions are to violate. No, because it is possible to actively validate the initial conditions with reasonable effort. There are in fact two initial conditions: - Was the NFT created by person X? This is trivial to validate - check the artist's website for their key/wallet/signature, or ask your peers. - Was an artwork (represented by the NFT) created by person X? This is equally as hard to validate as any claim to authorship, and something humanity has been able to manage for centuries.
  - cygx 5y ago
    > This is equally as hard to validate as any claim to authorship, and something humanity has been able to manage for centuries. Tens of thousand of pieces of digital artwork being scraped by bots from DeviantArt and monetized as NFTs is a problem fairly unique to our time.
    - miracle2k 5y ago
      Probably not as big as people make it out to be. First, the vast majority never sees sales. Secondly, we know that a large number of artworks are used w/o permission across the web, on sites like red bubble, or to sell prints or drop ship products on Amazon. No doubt this is on the tens of thousands too.
  - TomSwirly 5y ago
    All of these things could have been done twenty years ago without a blockchain, with digital signatures. How pointless.
    - miracle2k 5y ago
      No, you can't - you need state to enable the concept of ownership. We need a way not just to verify that your signature is valid - we need to be able to deny the seller the ability to still claim a valid signature.

I'm tired of saying that NFTs are not a tool to verify the original property, which can't be done inside the blockchain, but to prove that the following transactions are legitimate.

dralley 5y ago

Which is basically useless in the face of how trivial the initial conditions are to violate.

binibus 5y ago
Then the issue is in the aforementioned institutions. What's the point in blaming the techonlogy that solves part of the problem?
miracle2k 5y ago
> Which is basically useless in the face of how trivial the initial conditions are to violate. No, because it is possible to actively validate the initial conditions with reasonable effort. There are in fact two initial conditions: - Was the NFT created by person X? This is trivial to validate - check the artist's website for their key/wallet/signature, or ask your peers. - Was an artwork (represented by the NFT) created by person X? This is equally as hard to validate as any claim to authorship, and something humanity has been able to manage for centuries.
- cygx 5y ago
  > This is equally as hard to validate as any claim to authorship, and something humanity has been able to manage for centuries. Tens of thousand of pieces of digital artwork being scraped by bots from DeviantArt and monetized as NFTs is a problem fairly unique to our time.
  - miracle2k 5y ago
    Probably not as big as people make it out to be. First, the vast majority never sees sales. Secondly, we know that a large number of artworks are used w/o permission across the web, on sites like red bubble, or to sell prints or drop ship products on Amazon. No doubt this is on the tens of thousands too.
- TomSwirly 5y ago
  All of these things could have been done twenty years ago without a blockchain, with digital signatures. How pointless.
  - miracle2k 5y ago
    No, you can't - you need state to enable the concept of ownership. We need a way not just to verify that your signature is valid - we need to be able to deny the seller the ability to still claim a valid signature.