• FaceDeer@fedia.io
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    5 months ago

    There’s the completely decentralized ENS name system that would bypass this censorship entirely.

    But unfortunately it’s got the scarlet letters “NFT” hanging around its neck, and so good luck trying to discuss its actual merits or try to implement support for it anywhere.

    • CaptainBasculin@lemmy.ml
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      5 months ago

      NFT is scary because people don’t know what it means. It is not supposed to be a means of selling jpegs; it is supposed to be a digital untamperable proof of ownership for various uses.

      • General_Effort@lemmy.world
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        5 months ago

        It’s not.

        It’s very tamperable. It lacks common safety features like 2FA. Hacks are common and stolen NFTs can not be recovered.

        It doesn’t provide any evidence of ownership, much less proof. Anyone can mint NFTs without providing any evidence of ownership or anything. There is no legal requirement that ownership of anything is transferred along with an NFT.

        • FaceDeer@fedia.io
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          5 months ago

          There isn’t just one single way of coding an NFT, you’re talking about an entire class of application here. You can indeed add all sorts of safety features if you want to.

          Saying “anyone can mint NFTs” shows a misunderstanding of the specific application we’re discussing here. Not just anyone can mint an ENS name, specifically, which is what we’re talking about. ENS names are minted by the ENS contract, so they can be guaranteed unique. An ENS name isn’t “representing” anything other than the information contained within it, so there are no legal issues whatsoever. If you own the ENS name NFT then that’s all that you need to worry about, it has no other effect or implication other than that.

          This is what I was talking about when I mentioned the “scarlet letters NFT”. People have an enormous prejudice about the technology and leap to incorrect assumptions about its uses based on those prejudices.

          • FaceDeer@fedia.io
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            5 months ago

            It was a waste of time and resources for a particular application, yes. But the basic technology is useful for many applications.

            Those “bored ape” NFTs were for jpeg images, do you also think that the jpeg algorithm was a colossal waste of time and resources?

      • bolexforsoup@lemmy.blahaj.zone
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        5 months ago

        It’s glorified receipts that are billed as far more secure than they actually are looking for a problem to solve. The entire usage is people treating it like a casino, just like cryptocurrency. I guarantee you “small” artists and such, the people that are always paraded around as the beneficiaries, are not using it in any appreciable number. Those that tried simply lost some money in the endless sea of “get rich quick” schemes they were sadly duped into participating in. Crypto bros just decided to target creatives, as if they need to be victimized more.

        NFT’s are not helping people in any appreciable number. It’s just another relationship of people getting rich on the backs of a bunch of bag holders sold a false promise.

        • FaceDeer@fedia.io
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          5 months ago

          I am describing a usage that is explicitly not like that. A usage that has nothing to do with art. The concept of “NFT” is not somehow inextricably tied to spending ridiculous amounts of money on pictures of apes, it’s a general technology.

          This is a perfect illustration of the problem here. People are lamenting about difficult it is to come up with a truly decentralized method of owning domain names that can’t be commandeered by authorities or big business, a system to do exactly that already exists, but it’s based on a technology that people have such an extreme prejudice about that they’d rather downvote anyone who tries to explain it and go back to helplessly lamenting.

          • bolexforsoup@lemmy.blahaj.zone
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            5 months ago

            Then please show us some valid usages currently up and running solving actual problems at scale.

            I am prejudiced because I was in the crypto space for years. I used to mine and more. So my prejudice comes from a place of experience and knowledge, not random headlines and memes.

            • FaceDeer@fedia.io
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              5 months ago

              I just did. The ENS system, a decentralized replacement for DNS. That’s what started this subthread.

              • bolexforsoup@lemmy.blahaj.zone
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                5 months ago

                What is the NFT component offering that I don’t get from the myriad of other excellent DNS services (many of which are FLOSS) that grant me reliable DNS over HTTPS/other privacy elements? What is the NFT part accomplishing that wasn’t being done prior?

                • FaceDeer@fedia.io
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                  5 months ago

                  Full decentralization and censorship resistance. In the case of DNS services there’s still an organization of some kind that you’re having to trust to not mismanage your registration. Both now in their current form and in any future form the organization may take.

                  ENS, on the other hand, is just a smart contract running on Ethereum. Its behaviour is programmed, not dependent on any human decision making. To censor it you’d need to block Ethereum as a whole.