Comment on Hackers steal NFTs worth millions. In other news, NFTs worth millions.
Tar_alcaran@sh.itjust.works 11 months agoall the lock is doing is checking whether you own the NFT or not.
So, you’d need a method to verify who “you” are. And once again we’ve come up with a way to use NFTs that actually works better without NFTs.
shortwavesurfer@monero.town 11 months ago
Fair enough. I will say that I am not well enough versed in the topic to discuss it in depth.
Tar_alcaran@sh.itjust.works 11 months ago
No offense, but this is literally the problem with almost everyone who says they have a perfect usecase for NFTs. I also don’t know everything about everything either, but I know do know that we don’t tend to make existing systems complex just for fun.
Every time someone wants to fix something with NFTs, they’re either slapping an NFT on top of the existing system, making it more complicated, OR they want to start a new solution from the ground up, throwing out decades or centuries of experience and edge-case solutions to replace them with nothing, leading to major problems.
This post is about the second thing happening, your example is the first.
NFTs are a solution looking for a problem. But all the problems have already been solved without NFTs.
merc@sh.itjust.works 11 months ago
Blockchain in general is a solution looking for a problem. Blockchain is just a terrible database that burns mountains of coal. In almost every case when someone suggests using blockchain for something, the simpler solution is to just use a standard database.