• @Iheartcheese
    link
    420 hours ago

    I’ve heard of using them as parts of like contracts?

    • @[email protected]
      link
      fedilink
      1220 hours ago

      What does blockchain solve that existing contracts don’t do? Blockchain has takeover possibility

      • @Iheartcheese
        link
        320 hours ago

        Honestly I don’t know. I’m just pointing out the only thing that kind of sort of sounded like a good idea for it I’ve ever heard. For pictures it’s stupid that’s for sure

        • @[email protected]
          link
          fedilink
          1220 hours ago

          It’s not a picture though. It’s a link to a picture on a server somewhere. If the host goes down, you own nothing.

          • Zagorath
            link
            fedilink
            219 hours ago

            Isn’t it just a small amount of data? If the picture is small enough you could put it directly on the blockchain.

            Dunno why you would though. It’s very limiting for no particular gain.

            • @ConnecticutKen
              link
              516 hours ago

              But in NFTs the picture is not on the Blockchain. Only a link to the picture is on the Blockchain and the picture itself is still just on the web.

              • @[email protected]
                link
                fedilink
                211 hours ago

                No, they are right. What they are saying is that even though pretty much all NFTs contain a link to a picture on the blockchain, theoretically you could write a really, really small image in the space where you would normally write the URL. From a quick google, that’s 100 bytes. For a black and white image, that’s 100 pixels. For color, that’s around 30 pixels

          • @Iheartcheese
            link
            119 hours ago

            The technology behind it can be used for things other than pictures. That’s kind of the point people are making

            • @[email protected]
              link
              fedilink
              29 hours ago

              Right, and my original question was what does the technology solve? And so far the answer appears to be nothing

    • @[email protected]
      link
      fedilink
      119 hours ago

      Yea the idea there is that with it being decentralized, it has an unedited history. So if each block added to the chain is a new transaction, you can see previous agreements. Being decentralized also means that it’s public record and everyone can see the contract/agreement/transaction.

      There’s a lot of neat stuff that can be done, but as the other guy stated, it’s a solution looking for a problem.