CSVCHAIN - NFTs backed by CSV technology(csvchain.com) |
CSVCHAIN - NFTs backed by CSV technology(csvchain.com) |
Matt Levine is a great writer. I have little interest in finance but enjoy his newsletter immensely. Highly recommended.
This is the kind of joke for people that think they are clever but don't really understand the situation. Its kind an ignorant position, reminds me of a 'brb downloading RAM' joke. Or sending someone a plastic Bitcoin. or Faxing dollar bills.
Someone made a web site, ok. Guess we don't need fancy Blogging platforms now.
The RAM joke is quite obviously a joke because everyone knows that RAM chips are physical goods that are obviously finite in supply.
Some other differences include append only nature of blockchains. I don't know the ledger has not been modified or reordered or had entries removed. Also if the author doesn't like you, he could ignore your transactions or even drop the entry from the CSV. With say, Ethereum, you would be able to know all these things up front.
trustless, censorship resistant, append only, peer to peer ledgers
The thing is, we saw these jokes about Bitcoin 10+ years ago. Its easy to point fun at things that one doesn't really understand. I imagine lots of people see this joke and go "Ha! See! You dont need a blockchain" while missing the point entirely.
The bulk of which are probably still valid today, but you can’t understand because you have conflated price with value.
This is a key point of discussion. You and OP probably have very different definitions of value; you can be 100% right from your perspective and 100% wrong from theirs. And if that's the case, you need to unify your definitions of value before you can discuss the merits of anything built on top of that definition. Or just agree to disagree.
Frankly I find it hard to do, when depending on who you’re talking to, the intended utility is not even definitive (e.g. a currency vs a “store of value”). Maybe this points at something larger.
"Send an email to kick off this manual process with lots of waiting for another human to do a thing, and once he has your money, he may or may not do what he said he would, and if he does, hope he types in your information correctly, and if he does, hope that the one copy of the ledger hosted on some guy's computer doesn't go down, and if it doesn't, hope you don't have to sell because the marketplace is charging 10% rent on transactions and you have no alternatives..."
It is just to have fun!
Don't take my word for it, look at the hilarious comments in this discussion.
No one took it seriously and thought "NFTs are just a set of records" or "you don't need a blockchain."
Not always.
If you have something genuinely new or curious to say, great. Otherwise please move on.
Additionally, can we secure guarantees that the project owner is safely ejecting the USB drive in question?
Additionally, if we do use this mechanism, I petition to fork the name from CSVCHAIN to SockChain.
Minor nitpick: I believe you wanted to write "vertically scale".
People buying NFTs created by nobodies are simply getting scammed. The physical metaphor here would be like paying a random amateur sports player to sign some equipment.
https://github.com/william-fields/witless/commit/dc4a429b721...
The problems with this 'witless' proposal is that we have no way of auditing the supply, and politicians will betray the trust of the users by debasing it. Also, we have no trust anchor with the 'official witless key', which presumably should be considered compromised in the above commit. It also seems to depend on the file hosting services of a large software company for distribution of its public keys.
The problem with these straw man arguments is they often miss the entire point of the technology, and folks read them and walk away without understand exactly the problems the parodied technology solves.
This does have some humorous points, but generally leaves the reader with a confused and incorrect view of how both the USD and cryptocurrencies work.
You’ve also failed to account for right clickers (so named for the click of a camera shutter, normally triggered by a button to the right of the camera) who can simply take a picture of your object and trade it as they like… This will surely reduce the value of any one of your works to zero!
(In all seriousness, NFT’s gotta be stopped!)
Complete and accurate.
It may or may not surprise you to find out that the U.S. Navy came ->this<- close to trying to standardize all data storage and data interchange on XML, in 2018, so that we could use XSLT and other XML technologies so that they could "Enable maximum use of commercial products built to this standard", "Improve cybersecurity at the data element layer by using the XML Security Assertion Markup Language (SAML) protocol", and "Enable compression of data using the XML EXI specification for efficient bandwidth usage over limited satellite communication channels".
That's quite a lag. Peak XML was probably 2000 if I recall correctly. That said, XSLT is pretty cool from a language standpoint. I wouldn't want to program in it all day anymore than I'd want to program all day in Brainfuck, but you have to admire the weirdness of it.
For the most part, when doing a procurement, you'd just check a box that the software supported XML in some form (and many vendors added some stupid XML feature, even if their software didn't have a need for it at all), and it would satisfy that requirement.
Came up with it before NFTs, but it's only more relevant these days.
> Easy, you just need to convert it to USD first.
> Is this for real?
> Sure
> Is this performance art?
> Maybe?
Love it. I think Roy's making a killing off this.
Cash FTW!
Just so you know, I currently have a bit of a backlog of requests to manually process.
This was all very unexpected. I made this recently and then today started getting messages that Matt Levine wrote about something similar in his newsletter today. I tweeted at him and he then tweeted about it to his large following. So here we are on HN!
If you've contacted me, I promise to message you back, but it might take a day or so.
Tell me more....
Longest latency in the game, invest before it’s too late.
- https://github.com/nalinbhardwaj/shiit-coin
- https://www.youtube.com/watch?v=_dZpRryIuQ0A photo of a Van Gogh is not a Van Gogh. But JPEG bytes that SHA-256 to 97db5f2753176670ae8b2d8a2aad44d8bb830aee768629488685f4fc1d7a75f1 will also have a copy hash to the same value. The copy is the original, in a way you can't do with a Van Gogh.
NFT fans try to fix this by making something other than the art itself 'non-fungible', but in the real world it's the art itself that is fungible (and where it's not, such as buying a CD, you don't see people freaking out about how valuable their Taylor Swift RED album #22,724,123 is so special and unique).
inspects content
NFTs are interesting because they support smart contracts, use a cryptocurrency wallet system to manage value and ownership, can be minted in quantities > 1, support unlockable content, etc.
* There is some contract that generates NFTs under some condition (this is the box you mentioned)
* When the condition is met to create a new NFT, it creates one using VRF data, similar to how is described here: https://blog.coincodecap.com/how-to-generate-random-numbers-...
Anyone can make an NFT and stuff the same random number(s) into it that the contract received from the VRF. The difference is in who made thr NFT. Most people wouldn't find an NFT interesting if it's just a random number, made by a random person. An NFT which was produced by a smart contract might be exactly the same, but it is more interesting because some (usually centralized) game or service uses that random number to represent something else. That game or service is only interested in NFTs created by their smart contract.
The Navy (and wider DoD) had also been pushing XML-based technologies earlier, of course, but that's less damning when it was happening when the entire IT industry was pushing those technologies.
Also me: laughs to tears about XMLambda for a solid minute
Thanks for the much-needed break!
But prove to me that you are the one and only owner of your copy of the image.
That's what the CSV NFT gives you.
("Gold" is a fungible token used in primitive societies. One ounce of gold is as good as any other. What a strange concept!)
Still tho, what is the point of this page? Is it trying to say 'you dont need a blockchain?' or 'this is a deliberately bad solution that is solved by a blockchain'?
The only way to make this truly secure, is to have 2 USB thumb drives, plugged into a different side of the machine (god hope you have a machine with USB ports on both sides). Then, saw the machine in half, right down the middle. I'll find the crypto paper where I read about that.
If this works for the CSVCHAIN PC, you could have exponentially increasing compute power and storage!
Regarding the socks, a good trick is to use two drawers. One drawer has only matched pairs of socks. Unmatched single socks go in the second drawer, and some of them will eventually find a matching sock.
I plan to write an article on this. I will call it Socks and the Singles Drawer.
EDIT: the downvoters are just people who don't know how a POW (proof of wool) exchange works, or are in denial about how we can scale it by using clumps to have localized, bidirectional hair-pulls. It can scale from dual-crimps all the way up to a felt.