Love, Death and Robots just ended with a little NFT QR code, and before that I saw a message for Ukraine-war NFTs. I don’t know what that last bit even means, and I’m so fed up of this bullshit.
The plan’s to make a protocol for a replacement, just to demonstrate how stupid the entire thing is.
Here are NFTs stated goals:
show ownership of art, verified on a blockchain.
allow transferance of ownership
Here’s why NFTs are bullshit:
you don’t need to gind CPUs to have a blockchain.
URLs verify an image
none of this shows ownership.
The New Protocol
Stick image sha256sums in a git repo, verified by gpg keys (now we have a blockchain).
Allow a few people to verify image ownerships, gpg keys (verify other people’s stuff if you like, so it’s a standard ring-of-trust situation).
Don’t bother with proof-of-work. Just let the shasum rest.
Only merge images into the main branch if there’s a requested sale (otherwise it gets full of crap).
Does this cover 100% of what NFTs were supposed to cover?
Is there an even simpler way of doing this?
Can I add stuff with git-lfs without also downloading it (so the repo remains small, even with 10,000 images)?
Just to reiterate - this is a solution to a problem nobody has. It’s not a real suggestion, just a proof of concept to show that art-transferance could be handled better with some gaffatape and a git.
Looks like we’ve solved a few issues raised there: there’s no double-spending, as only the first on the block-chain counts (I guess one could also write a script to verify that, and reject merges which show a double-spend).
I don’t see why anyone cares about the transaction price, unless you’re into selling things just to sell on, so that sounds like a non-problem for people who simply want to verify ownership of art.
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Might be similar to [NFT without Blockchain] (https://shkspr.mobi/blog/2021/12/an-nft-without-a-blockchain-no-gas-fees-no-eth/).
Looks like we’ve solved a few issues raised there: there’s no double-spending, as only the first on the block-chain counts (I guess one could also write a script to verify that, and reject merges which show a double-spend).
I don’t see why anyone cares about the transaction price, unless you’re into selling things just to sell on, so that sounds like a non-problem for people who simply want to verify ownership of art.