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You are responding to someone who is attempting to replace existing land ownership recording systems with a blockchain based replacement, you aren’t going to pe
by quickthrowman 3y ago
You are responding to someone who is attempting to replace existing land ownership recording systems with a blockchain based replacement, you aren’t going to persuade them as they are financially and emotionally invested in the success of cryptocurrency.
Here is the thread where they talk about it and reject every single problem that others bring up with their blockchain title system. They also lie extensively about the value of a parcel of land for some odd reason: https://news.ycombinator.com/item?id=33878584 https://news.ycombinator.com/item?id=33878584
- p4bl0 3y agoI really don't get how people can believe a single second that this kind of projects can make any sense. What is the purpose of a blockchain for this? You cannot get rid of a central authority, because the transmission of land or really anything that exists outside of the blockchain you're planning to use cannot be transferred by simply writing something on the said blockchain. That only works for crypto-tokens because writing a transaction on their blockchain is performative (the transfer happens because it is written, the writing defines the truth, because those only exist has writing). However, writing anything else than a crypto-tokens transaction on a given blockchain can only guarantee that this something else is written on this given blockchain, and that's it. If you don't have any external authority that can make what you've written true (for example, the justice system to which you can go if the person to whom you have paid for a piece of land do not deliver) it has absolutely no value. That means you're not in a decentralized situation where you cannot trust anyone, which in turn means you don't need a blockchain. You just need a database. You might want that database to be publicly available and auditable and immutable, but even then you don't need a blockchain for that (since there is no need for a consensus mechanism), just a merkle tree structure (just use Git, Git works great).
- quickthrowman 3y ago> I really don't get how people can believe a single second that this kind of projects can make any sense. I don’t either, given that > writing anything else on a given blockchain only guarantees that this something else is written on this given blockchain, and if you don't have any external authority that can make it true (for example, the justice system to which you can go if the person to whom you have paid for a piece of land do not deliver) it has absolutely no value. Thus, > you don't need a blockchain. You just need a database. I have come to the same conclusion as you. Perhaps leashless aka ‘once in a generation transformative intelligence guy’ (his own words[0]) can tell us why we’re wrong. [0] https://twitter.com/molly0xFFF/status/1516610542588284931?s=20 https://twitter.com/molly0xFFF/status/1516610542588284931?s=...
- deleted 3y ago[deleted]
- leashless 3y agoIf you actually want to know: https://www.judiciary.uk/wp-content/uploads/2022/02/Speech-MR-to-Smarter-Contracts-Report-Launch-Lawtech-UK-UKJT-Blockchain-Smart-Contracts.pdf https://www.judiciary.uk/wp-content/uploads/2022/02/Speech-M... That’s from the UK head of civil justice. Read points six through nine. Then https://medium.com/humanizing-the-singularity/the-best-of-both-worlds-solving-doctorows-oracle-problem-3287cda2e48b https://medium.com/humanizing-the-singularity/the-best-of-bo... Which explains how we get real world facts on to the blockchain in an economically secure way. No, you cannot do this with a database. Bear in mind I’m also http://myhopeforthe.world http://myhopeforthe.world and http://guptaoption.com/2.long_peace.php http://guptaoption.com/2.long_peace.php and several other projects. I’m spread thin across a surprising variety of fields working on problems that to most people look disconnected, but to me look like aspects of the same thing. https://medium.com/humanizing-the-singularity/by-the-end-of-this-article-youre-going-to-understand-blockchains-in-general-and-ethereum-a-next-e11df6a1d7cf https://medium.com/humanizing-the-singularity/by-the-end-of-... This is what I wrote the morning we launched Ethereum. My mind is not particularly deep, but it is exceedingly wide. If you can find my equal in this regard let me know. I should like to meet them. What I’m putting together is the technology platform to take the edge off the global humanitarian clusterfuck which is coming when the international refugee system collapses under the weight of climate refugees. * blockchains and legal contracts get us aid transparency - if we can track the underlying physical assets say with 2D barcodes. * correctly deployed insurance gets us biometrics without centralised databases. (Guptaoption.com/cheapid) * unconventional approaches to civilian military cooperation are required to roll out aid on this scale https://web.archive.org/web/20120127093132/http://science.dodlive.mil/2011/11/22/star-tides-a-medium-for-public-private-cooperation-during-humanitarian-emergencies/ https://web.archive.org/web/20120127093132/http://science.do... Yes that is an archived version of an official DoD blog post about me. * I worked for these folks for years https://akvo.org/wash-and-water-quality-data-solutions/ https://akvo.org/wash-and-water-quality-data-solutions/ which is how we figure out where the food and water etc. are I’m mapping and prototyping the systems for keeping hundreds of millions of people alive when the shit finally hits the fan on climate change. Two molecules thick over a territory the size of a university. You either see it or you don’t, but what I’m knitting together here is the only remotely viable global plan for managing the worse aspects of the humanitarian damage we are going to take from climate change. I didn’t say “once in a generation transformative intelligence” lightly. This is about half of the shit that I’ve done in the last 20 years. I started working flat out on this knowing it would take 30 years or more to develop in 2002. Do you remember worrying about climate change in 2003? Do you remember how insignificant it looked? A little respect, please. Shit has to get done. Something bad is coming.
- splinter_cell 3y agoYou really think a parcel of land is available for as little as 7000 gbp? That too apparently beach facing land? Whats more likely here, there is an error in the website that captures these property transaction details or the person is lying?
- quickthrowman 3y agoYes I do, it is not monetizeable property and has easements across it. How much do you think land that you can’t rent or build on, that also has an easement for a path on it, is worth? You can buy or lease wetlands and desert in the US that have no economic value for very cheap, just like this parcel of land along the sea that has no economic value.
- Nursie 3y agoIt’s a piece of land in a poor position, not well connected to anything, with a right of way through it, that will never get permission to build. The person trying to sell it for 1.9 million is having a laugh, to put it mildly.