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Subjunctive posted:NFTs don’t have to be pictures. Before this ape nonsense people would talk about blockchain entries representing various commodities or physical goods, definitely including real estate. It’s being mapped to something discrete that makes them non-fungible, basically.
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Feb 9, 2022 22:22
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Ultiville posted:Yeah, that's obviously much better, though the fact that those cookies are horribly energy wasteful by design is a bit of a bummer. Well and that it's probably a scheme to increase the value of the deed. I’m pretty sure MM meant the baked good.
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Feb 9, 2022 22:35
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Xiahou Dun posted:I’m pretty sure MM meant the baked good. I meant "those cookies" = extending the NFT metaphor, not like, browser cookies (are they wasteful?)
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Feb 9, 2022 22:42
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Yeah, you can mint anything to the etherium blockchain assuming you're willing to pay the .eth to mint it and it can fit into the block. Including the text of a deed, the question is getting any sort of legal body to recognize it as binding.
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Feb 9, 2022 22:55
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Kurieg posted:Yeah, you can mint anything to the etherium blockchain assuming you're willing to pay the .eth to mint it and it can fit into the block. Including the text of a deed, the question is getting any sort of legal body to recognize it as binding. Even calling it a question seems generous, tbh - it's hard to imagine they possibly would. About the best you could do is do all the work to get it official and then also put the confirmation into an NFT, but even then, selling that NFT wouldn't have any impact on the legal status of the house so...why would you do that (except as a scam, of course)?
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Feb 9, 2022 23:01
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Kurieg posted:Yeah, you can mint anything to the etherium blockchain assuming you're willing to pay the .eth to mint it and it can fit into the block. Including the text of a deed, the question is getting any sort of legal body to recognize it as binding. Emails can be a "writing" for statute of frauds purposes so it's not utterly crazy.
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Feb 9, 2022 23:26
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I think you could form a corporate entity that owned a house and apportion voting rights and dissolution proceeds according to some blockchain ledger. People do it on the basis of random spreadsheets tracking the cap table for startups all the time, and manage to transact 8-figure deals on the back of it. You probably have to do some footwork around how the specific blockchain is represented, but fractional share ownership is already a thing. Not super different from a REIT, other than the awful choice of backing store.
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Feb 9, 2022 23:26
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Kurieg posted:Yeah, you can mint anything to the etherium blockchain assuming you're willing to pay the .eth to mint it and it can fit into the block. Including the text of a deed, the question is getting any sort of legal body to recognize it as binding. Not to mention that if you did manage this feat, the deed to your house is now in a decentralized, unregulated anonymous system so if someone hacks your NFT wallet password or sends you a virus-bearing token that steals the contents of said wallet, congrats, they now posses the deed to your house and there's sweet gently caress-all you can do about it besides beg for it back. House piracy, what a golden age we'd be living in! Again, it's almost a waste of time to even theorize about this stuff because of how loving stupid it is.
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Feb 9, 2022 23:33
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It’s not that you couldn’t have deeds recorded on the blockchain, it’s that doing so is basically pointless compared to the existing registries used to record deeds. Like, congrats, you’ve insulated against (relatively easily reversed) fraudulent deed transfers by… making it easy for there to be irreversible deed transfers from hacking or just bad coding. And to do it you have to waste a ton of energy. Great plan.
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Feb 9, 2022 23:43
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Also: I recently learned that people are trying to circumvent one of the things that's actually a benefit of cryptocurrency (That it carries it's own historical record and each token is non-fungable yet interchangable) by putting currency through "Mixers". Which is basically just money laundering, and used by the same people who do money laundering for the same purposes of money laundering.... yet people act like this is a great thing. Also coin exchanges won't even touch a mixed Coin because it's basically a giant "Hello I was used in a crime!" sign.
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Feb 9, 2022 23:49
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Kurieg posted:Also: I recently learned that people are trying to circumvent one of the things that's actually a benefit of cryptocurrency (That it carries it's own historical record and each token is non-fungable yet interchangable) by putting currency through "Mixers". And this isn't new, Mixers were a thing I heard about in the early days of Bitcoin. Almost like Crypto has always been a dubious thing, huh?
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Feb 9, 2022 23:58
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Kalman posted:It’s not that you couldn’t have deeds recorded on the blockchain, it’s that doing so is basically pointless compared to the existing registries used to record deeds. Like, congrats, you’ve insulated against (relatively easily reversed) fraudulent deed transfers by… making it easy for there to be irreversible deed transfers from hacking or just bad coding. And to do it you have to waste a ton of energy. Great plan.
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Feb 10, 2022 00:20
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There is no actual use for NFTs and anyone who says there is is either a scammer or a mark or both
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Feb 10, 2022 00:27
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Piell posted:There is no actual use for NFTs and anyone who says there is is either a scammer or a mark or both This is it in one. No possible pitched use for NFTs is an improvement on existing systems or technology.
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Feb 10, 2022 01:59
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Ultiville posted:Yeah, that's obviously much better, though the fact that those cookies are horribly energy wasteful by design is a bit of a bummer. At least they're not raisin. (I joke, oatmeal raisin cookies are tasty and I should bake some)
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Feb 10, 2022 04:27
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Bruceski posted:At least they're not raisin. No. Oatmeal raisin cookies are strictly worse than just oatmeal cookies. There are better ways to get rid of raisins, like good clean fire. God drat depressing ghost grapes.
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Feb 10, 2022 04:31
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Omnicrom posted:This is it in one. No possible pitched use for NFTs is an improvement on existing systems or technology.  Anything that seems like it's an actual use for them can be done without the incredibly wasteful blockchain part, too. You can trade Team Fortress 2 hats and such just fine on the steam market.
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Feb 10, 2022 04:42
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Omnicrom posted:This is it in one. No possible pitched use for NFTs is an improvement on existing systems or technology. This applies to every blockchain tech too, not just NFTs.
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Feb 10, 2022 04:46
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Xiahou Dun posted:No. Oatmeal raisin cookies are strictly worse than just oatmeal cookies. Ugh. This is a worse opinion than loving NFTs. Raisins elevate an otherwise mediocre cookie.
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Feb 10, 2022 04:50
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Son of a Vondruke! posted:Ugh. This is a worse opinion than loving NFTs. Raisins elevate an otherwise mediocre cookie. I see your raisins and raise instead dried cranberries.
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Feb 10, 2022 05:39
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Oatmeal chocolate chip for me, please. All the joy of chocolate chip cookies with some extra texture.
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Feb 10, 2022 05:55
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Oatmeal with M&Ms so there's crunchy bits to contrast with the chewy main cookie
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Feb 10, 2022 06:46
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I think the distinction is: Crunch cookie: plain oatmeal is better Chewy cookie: oatmeal raisin* is better *You can replace raisins with some raisin-adjacent like dried cranberries or chocolate chips I guess. Just be careful because this dark sorcery is how you get oatmeal scotchies and then you'll never gently caress around with anything else 
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Feb 10, 2022 09:59
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I can see how raisins are divisive, but sun-dried tomato is a loving repulsive tomato raisin that should be universally reviled. How can anyone enjoy finding that piece of savory chewing gum in their meal?
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Feb 10, 2022 13:43
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they're both good but i wouldn't put either loving one in a cookie
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Feb 10, 2022 13:55
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good: oatmeal chocolate chip cookie raisins in oatmeal bad: oatmeal raisin cookie chocolate chips in oatmeal come at me
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Feb 10, 2022 14:51
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Leraika posted:good:
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Feb 10, 2022 15:11
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Small Brain: Oatmeal Big Brain: Oatmeal with Raisins Galaxy Brain: Oatmeal with Curry Cosmic Brain: Oatmeal with Raisins and Curry
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Feb 10, 2022 15:25
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Oatmeal cookies with nut brittle.
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Feb 10, 2022 16:15
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Leraika posted:good: Ooh, I'm gonna buy chocolate chips to put in my oatmeal!
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Feb 10, 2022 16:19
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moths posted:I can see how raisins are divisive, but sun-dried tomato is a loving repulsive tomato raisin that should be universally reviled.
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Feb 10, 2022 16:22
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The Chairman posted:"what if a character sheet on the blockchain" Pathfinder Society already did this.
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Feb 10, 2022 17:00
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Seems like Chaosium decided they wanted that sweet, sweet NFT money https://twitter.com/VeVeMintScout/status/1488292436174688260
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Feb 10, 2022 17:25
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Bottom Liner posted:This applies to every blockchain tech too, not just NFTs. Blockchain in the sense of a chain of hashes to provide verification of the integrity of an input-only database is a low-effort, low-pollution, perfectly workable technology with many applications. Blockchain as used in cryptocurrencies, meanwhile, are loving stupid and have no valid use.
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Feb 10, 2022 17:58
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The former is called a Merkle tree. No one means that when they say Blockchain. Edit: and yes the blockchain is a Merkle tree under all of the bullshit, but that bullshit is the relevant part Ego Trip fucked around with this message at 18:19 on Feb 10, 2022 |
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Feb 10, 2022 18:16
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PST posted:Seems like Chaosium decided they wanted that sweet, sweet NFT money VeVe apparently doesn't using an energy-intensive blockchain so it's at least not environmentally devastating and a hogger of video cards - but still a pointless figleaf disguising blatant money laundering.
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Feb 10, 2022 18:19
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Ego Trip posted:The former is called a Merkle tree. No one means that when they say Blockchain. My company, which sells hundreds of products, has a blockchain product. Essentially it's cloud-hosted merkle tree by another name; it's a viable product in the sense that we are being paid by customers to use it, it was probably not very costly to develop and offer, and it goes by the name "blockchain". So: yes, some people really do mean that when they say blockchain. However, nobody really means that on SA, or in trad game spaces, or on twitter etc. It's also a very narrow use case. Most of the time someone thinks they might have a (legitimate, non-wasteful, business) use for a blockchain product, they are better off with just a normal database plus auditable access control features (which basically every business-class DB product has by default anyway). e. Microsoft for example seems to be re-branding its (now six year old) blockchain product: https://www.zdnet.com/article/microsoft-takes-another-stab-at-a-blockchain-powered-ledger-service/ Seems they want to move away from any stigma associated with the word "blockchain" and focus on the fact that it's an open ledger as a service instead. I wonder if my company will follow suit. Leperflesh fucked around with this message at 19:01 on Feb 10, 2022 |
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Feb 10, 2022 18:57
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https://twitter.com/Superdillin/status/1492167439534202892?s=20&t=-zLE5cckBvK0c1v-GZVdlQ
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Feb 11, 2022 20:48
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Where is that guy getting that WotC is "going to announce" that soon?
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Feb 11, 2022 21:05
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https://www.polygon.com/22406490/magic-the-gathering-nft-tokens-hasbro-ceo-quarterly-earnings Not particularly shocking. They are going to announce it, like Ubisoft's attempts it's going to bomb spectacularly and then there are two paths that lie ahead, abandoning it quietly, or quadruple down like Ubisoft is currently trying to do pissing off their employees. My guess is Hasbro will abandon it quietly as they make poo poo tons of money on like what NFT's essentially are, but in a online card game, not to mention the physical cards, but who knows.
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Feb 11, 2022 21:06
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