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Comment on Hackers steal NFTs worth millions. In other news, NFTs worth millions.

shortwavesurfer@monero.town ⁨11⁩ ⁨months⁩ ago

I do see potential use for them, but not in the way they are currently being used. I could see uses like door keys, tickets, memberships, etc being of practical value, but not stupid little pictures.

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silverbax@lemmy.world ⁨11⁩ ⁨months⁩ ago
Tickets, yes, door keys, no.

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- shortwavesurfer@monero.town ⁨11⁩ ⁨months⁩ ago
  Besides the obvious of your door lock needing to be connected to the internet, and that could be a problem, what else do you see as being an issue with using it for door keys?
  
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  - logan_berries@lemmy.world ⁨11⁩ ⁨months⁩ ago
    Another question is: why would you need it for a key?
    
    Long-established public/private keys and signatures are used in this way all the time to control access to servers around the world. No blockchain needed. Blockchain is helpful when we all need to agree on a series of events.
    
    Homes are a nice example of where you can have an isolated system which knows what it needs to about you (e.g. a public key) without sharing or cross-checking anything with the world.
    
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    shortwavesurfer@monero.town ⁨11⁩ ⁨months⁩ ago
    The chain would be used to establish who owns the home.
    
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  - bahbah23@lemmy.world ⁨11⁩ ⁨months⁩ ago
    How exactly would that work? Keep in mind that the blockchain is by necessity not secret.
    
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    shortwavesurfer@monero.town ⁨11⁩ ⁨months⁩ ago
    Right, but all the lock is doing is checking whether you own the NFT or not. If your house was in NFT, people could see that you bought a house, but not where it was as long as it was generic like house #40000
    
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notthebees@reddthat.com ⁨11⁩ ⁨months⁩ ago
I thought of it as a good way for artists to earn a living by more tokenized artworks, but then it gets hijacked by this shit.

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ICastFist@programming.dev ⁨11⁩ ⁨months⁩ ago
Just like with everything else, all those things you suggested are already done much more reliably without NFTs.

If you still want to see a more “pratical” use of it, look no further than Decentraland, where it’s used as “ownership” of digital “land” and other “goods”.

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