4 ms·

Why does it need to be "web3" and not "RSS"?

TekMol 4y ago
How do you prevent someone from copying your RSS and making it their RSS? Where is the proof that you published it first? How do you show that you have many followers when you publish via RSS? How do you "like" something you read via RSS? How do you comment on it? How do you like and comment in a way that proves your identity? How do you prove to the world that your identity is important - aka that you have lots of followers and likes? These are the bits and pieces the digital social fabric is made of. Currently it is all owned by companies.
- Nextgrid 4y ago
  > How do you prevent someone from copying your RSS and making it their RSS? Where is the proof that you published it first? How do you prevent someone from minting their own NFT using your NFT's underlying image file? You could rely on a third-party centralized search engine which looks at the actual content to determine which one appeared first, and the same would apply to RSS.
  - znpy 4y ago
    Many people are laughing at the whole NFT thing right now but I suspect that in 10-15 years people will be laughing even harder when the whole thing collapses. Yeah you got stuff in a blockchain, but the "stuff" you put in there is a mere link to a service which might not survive so long (most services don't). So yeah in 10-15 years you'll probably have a lot of former nft owners that only own a broken link (or possibly even less).
    - patmorgan23 4y ago
      Bold thinking NFTs will make it more than 5 years
      - znpy 4y ago
        I was being generous
      - idrios 4y ago
        NFTs will be around forever. They'll be mocked forever too.
    - stiltzkin 4y ago
      Try harder, look other uses cases of NFTs other than "broken link". You speak with so much confidence without knowing what you are talking about.
      - Nextgrid 4y ago
        "broken link" is indeed not the only problem with NFTs, but I'm keen to hear your perspective on NFT use-cases.
        stiltzkin 4y ago
        ENS (web3 domains), mirror.xyz (publishing), shibuya.xyz (video content), sunflower land (gamefi), membership nfts (bayc). There are more used cases that are experimental. But "broken links" is why I do not take HN users seriously about web3.
        Nextgrid 4y ago
        > membership nfts (bayc) I have a problem with this one - the membership is supposed to give you access to events/etc hosted by BAYC, so in this case they are the trusted party and can run a database. The blockchain doesn't seem like it adds anything here because ultimately BAYC can choose to deny entry for any reason. Furthermore, how do they handle the case where a membership NFT is stolen or acquired illegitimately? Do they still honor the stolen NFT and let the thief in? Do they blacklist the NFT and re-mint a new one to give to the original owner? Etc. Interaction with real-world state is where all blockchain-based projects break down. Blockchains can only enforce their guarantees on the chain itself - replicating it to the real world requires a trusted party, at which point a lot of the blockchain's perks no longer apply and a database starts making more sense.
        stiltzkin 4y ago
        > I have a problem with this one - the membership is supposed to give you access to events/etc hosted by BAYC, so in this case they are the trusted party and can run a database. Ethereum blockchain is the database, BAYC can't delete, modify or censor any BAYC users. > Furthermore, how do they handle the case where a membership NFT is stolen or acquired illegitimately? Do they still honor the stolen NFT and let the thief in? Do they blacklist the NFT and re-mint a new one to give to the original owner? Etc. That's a good question and it already happened, I do not have an answer for that. > at which point a lot of the blockchain's perks no longer apply and a database starts making more sense. Getting a BAYC is as simple as transfering an NFT from one wallet to another, mint it with a wallet on BAYC website or buy it on a centralized or decentralized market place, anywhere in the world. There is no database with this type of frictionless.
- Intermernet 4y ago
  These are all solved problems (for decades) except for the one about proving you're important. Is that really the end goal of web3?
- matthew-wegner 4y ago
  The strangest thing about your list, at least to me, is so much focus on "identity". Firstly, why does this even matter? And additionally, in which way does blockchain demonstrate "identity" any more than a domain name or user account? It demonstrates control over a mechanism, sure, but absolutely not who someone is For instance, we are all commenting here without "proving" our identity in any way, and it's totally fine. And this is even a far more serious, business-centered discussion context than most of the Internet!

How do you prevent someone from copying your RSS and making it their RSS? Where is the proof that you published it first? How do you show that you have many followers when you publish via RSS? How do you "like" something you read via RSS? How do you comment on it? How do you like and comment in a way that proves your identity? How do you prove to the world that your identity is important - aka that you have lots of followers and likes? These are the bits and pieces the digital social fabric is made of. Currently it is all owned by companies.

Nextgrid 4y ago
> How do you prevent someone from copying your RSS and making it their RSS? Where is the proof that you published it first? How do you prevent someone from minting their own NFT using your NFT's underlying image file? You could rely on a third-party centralized search engine which looks at the actual content to determine which one appeared first, and the same would apply to RSS.
- znpy 4y ago
  Many people are laughing at the whole NFT thing right now but I suspect that in 10-15 years people will be laughing even harder when the whole thing collapses. Yeah you got stuff in a blockchain, but the "stuff" you put in there is a mere link to a service which might not survive so long (most services don't). So yeah in 10-15 years you'll probably have a lot of former nft owners that only own a broken link (or possibly even less).
  - patmorgan23 4y ago
    Bold thinking NFTs will make it more than 5 years
    - znpy 4y ago
      I was being generous
    - idrios 4y ago
      NFTs will be around forever. They'll be mocked forever too.
  - stiltzkin 4y ago
    Try harder, look other uses cases of NFTs other than "broken link". You speak with so much confidence without knowing what you are talking about.
    - Nextgrid 4y ago
      "broken link" is indeed not the only problem with NFTs, but I'm keen to hear your perspective on NFT use-cases.
      - stiltzkin 4y ago
        ENS (web3 domains), mirror.xyz (publishing), shibuya.xyz (video content), sunflower land (gamefi), membership nfts (bayc). There are more used cases that are experimental. But "broken links" is why I do not take HN users seriously about web3.
        Nextgrid 4y ago
        > membership nfts (bayc) I have a problem with this one - the membership is supposed to give you access to events/etc hosted by BAYC, so in this case they are the trusted party and can run a database. The blockchain doesn't seem like it adds anything here because ultimately BAYC can choose to deny entry for any reason. Furthermore, how do they handle the case where a membership NFT is stolen or acquired illegitimately? Do they still honor the stolen NFT and let the thief in? Do they blacklist the NFT and re-mint a new one to give to the original owner? Etc. Interaction with real-world state is where all blockchain-based projects break down. Blockchains can only enforce their guarantees on the chain itself - replicating it to the real world requires a trusted party, at which point a lot of the blockchain's perks no longer apply and a database starts making more sense.
        stiltzkin 4y ago
        > I have a problem with this one - the membership is supposed to give you access to events/etc hosted by BAYC, so in this case they are the trusted party and can run a database. Ethereum blockchain is the database, BAYC can't delete, modify or censor any BAYC users. > Furthermore, how do they handle the case where a membership NFT is stolen or acquired illegitimately? Do they still honor the stolen NFT and let the thief in? Do they blacklist the NFT and re-mint a new one to give to the original owner? Etc. That's a good question and it already happened, I do not have an answer for that. > at which point a lot of the blockchain's perks no longer apply and a database starts making more sense. Getting a BAYC is as simple as transfering an NFT from one wallet to another, mint it with a wallet on BAYC website or buy it on a centralized or decentralized market place, anywhere in the world. There is no database with this type of frictionless.
Intermernet 4y ago
These are all solved problems (for decades) except for the one about proving you're important. Is that really the end goal of web3?
matthew-wegner 4y ago
The strangest thing about your list, at least to me, is so much focus on "identity". Firstly, why does this even matter? And additionally, in which way does blockchain demonstrate "identity" any more than a domain name or user account? It demonstrates control over a mechanism, sure, but absolutely not who someone is For instance, we are all commenting here without "proving" our identity in any way, and it's totally fine. And this is even a far more serious, business-centered discussion context than most of the Internet!