The explosion in stolen artwork being minted as NFTs just demonstrates how ridiculous the idea of "the blockchain" as a revolution in "verification and data integrity" always was It doesn't solve that problem AT ALL
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Anybody who knows anything about security knows that secure revocation needs to exist in any system that involves humans.
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"It is impossible to make anything foolproof because fools are so ingenious" - someone talking about humans actually
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From an accounting point of view it makes sense. Accountants would much rather you make a second entry correcting the mistake than be able to erase the evidence that the mistake was made.
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The problem is every new proof-of-work transaction kills another hundred acres of rainforest
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This literally happened with Etherium and they post-facto decided to reverse transactions. The core premise isn't even enforced.
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This is literally the only use case for blockchain and blockchain isn't even useful for it
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