One, the blockchain is a benefit, it is only the modern ‘proof of work’ blockchains people hate for their energy usage and poor scalability. There are other much less intensive proof methods like Proof of Stake, and Proof of Historic Compliance. Independently confirmed ledgers are still the best form of distributed high-confidence low-trust dynamic archives. ‘Mining’ for the blockchain is separate from upkeep of the blockchain, but almost none of you naysayers even understand that because you only know what you’ve learned from online memes and jokes.
Two, while those stupid profile pics provided no value to anyone, the built-in programattically triggered contract function is of IMMENSE value to content creators. It is literally the way to guarantee youtube can never screw over small creators again and give them an effortless way to move their content to other platforms without requiring their current platform’s blessing.
And I can explain it to you in detail, but you will still just crackle “But but NFTS are a whack yo” because you haven’t actually bothered to look at the fundamental underlying technology and instead form your opinions from other people’s jokes on the internet.
And people like you outnumber the people who actually understand the value by several orders of magnitude, so your constant dismissive humor (based on rank ignorance) is actively damaging development into the ONLY open source project that can guarantee content creators rights and give them leverage against greedy platforms.
So, instead of helping your favorite content creator secure the rights for their own work, you post stupid image macros based off of 3rd hand incorrect knowledge and keep any tools to help the little guy fight for their fair compensation from being created in the future.
This is what they mean when they say ‘a little knowledge is dangerous’.
I’m sorry but NFTs are fundamentally flawed due to blockchain usage and they provide no real value to anyone.
One, the blockchain is a benefit, it is only the modern ‘proof of work’ blockchains people hate for their energy usage and poor scalability. There are other much less intensive proof methods like Proof of Stake, and Proof of Historic Compliance. Independently confirmed ledgers are still the best form of distributed high-confidence low-trust dynamic archives. ‘Mining’ for the blockchain is separate from upkeep of the blockchain, but almost none of you naysayers even understand that because you only know what you’ve learned from online memes and jokes.
Two, while those stupid profile pics provided no value to anyone, the built-in programattically triggered contract function is of IMMENSE value to content creators. It is literally the way to guarantee youtube can never screw over small creators again and give them an effortless way to move their content to other platforms without requiring their current platform’s blessing.
And I can explain it to you in detail, but you will still just crackle “But but NFTS are a whack yo” because you haven’t actually bothered to look at the fundamental underlying technology and instead form your opinions from other people’s jokes on the internet.
And people like you outnumber the people who actually understand the value by several orders of magnitude, so your constant dismissive humor (based on rank ignorance) is actively damaging development into the ONLY open source project that can guarantee content creators rights and give them leverage against greedy platforms.
So, instead of helping your favorite content creator secure the rights for their own work, you post stupid image macros based off of 3rd hand incorrect knowledge and keep any tools to help the little guy fight for their fair compensation from being created in the future.
This is what they mean when they say ‘a little knowledge is dangerous’.