The "ownership" of artwork a blockchain NFT gives you is so meaningless you had to use three increasingly meaningless synonyms for ithttps://twitter.com/RealAllenHena/status/1370151325359570949 …
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Replying to @arthur_affect
"the place of origin or earliest known history of something." "the quality of being genuine or real" "the act, state, or right of possessing something." TIL that 3 words with different definitions are also synonymous
2 replies 0 retweets 1 like -
Replying to @RealAllenHena
WHAT is having its history traced, and is being proven to be real, and is having its history placed in context? It's not the artwork itself, because the NFT doesn't tell you jack shit about the actual painting
3 replies 1 retweet 44 likes -
Replying to @arthur_affect @RealAllenHena
Good Lord I can't believe I even have to have this argument right now when there's like ten Twitter accounts you can tag to instantly mint a token for someone else's art by replying to their post
2 replies 2 retweets 42 likes -
Replying to @arthur_affect @RealAllenHena
It's literally the joke from The Little Prince where the guy is making a list of every star and planet and celestial object he sees in the sky so he can write in his ledger that he owns them and if you want him to change the entry in the ledger so you own them you have to pay him
2 replies 7 retweets 57 likes -
Replying to @arthur_affect @RealAllenHena
The only difference being that in order to make sure the ledger is absolutely tamper-proof you can't write in it without burning down ten square miles of rainforest
1 reply 3 retweets 35 likes -
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Replying to @RealAllenHena @arthur_affect
Proof of Work relies on wasting a lot of power. Wasting power causes extra environmental damage. NFTs rely on ETH, which relies on proof of work. Rainforests are synecdoche for the environment at large here.
1 reply 0 retweets 15 likes -
Replying to @TheWeaseKing @arthur_affect
Ethereum(where 95% of NFTs exist) is moving to Proof of Stake in 2-3 years. The rest of the networks with NFTs or that will have them are staking as well.
3 replies 0 retweets 1 like
It's been moving to proof-of-stake in 2-3 years for the past 5 years
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Replying to @arthur_affect @TheWeaseKing
Well we are actually in the first phase sir. 108K validators as of right now...https://beaconscan.com/validators
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