rglullis@communick.news 1 year ago
So, I really don’t want to say “crypto solves this”, but name identities and ownership over domains is actually one of the valid use cases for NFTs.
rglullis@communick.news 1 year ago
So, I really don’t want to say “crypto solves this”, but name identities and ownership over domains is actually one of the valid use cases for NFTs.
technically_creative@lemmy.world 1 year ago
Cryptography solved this a long time ago. No need for NFTs or anything “crypto”.
rglullis@communick.news 1 year ago
How can you solve Zooko’s Trilemma without “anything crypto”?
turmacar@lemmy.world 1 year ago
All “crypto as in blockchains” requires trust and buy-in to that blockchain, and someone to put it on the blockchain. It being internally secure/trustworthy does not intrinsically mean it’s globally secure/trustworthy.
Cryptography is not limited to blockchains.
rglullis@communick.news 1 year ago
Sure, for the general case. In practice, we can look at Ethereum’s blockchain which has all the “buy-in” and “trust” enough to the point that it’s used to hold billions worth of value and is secured by the its validator network.