this post was submitted on 14 Jan 2024
214 points (95.3% liked)

Games

16689 readers
441 users here now

Video game news oriented community. No NanoUFO is not a bot :)

Posts.

  1. News oriented content (general reviews, previews or retrospectives allowed).
  2. Broad discussion posts (preferably not only about a specific game).
  3. No humor/memes etc..
  4. No affiliate links
  5. No advertising.
  6. No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
  7. No self promotion.
  8. No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
  9. No politics.

Comments.

  1. No personal attacks.
  2. Obey instance rules.
  3. No low effort comments(one or two words, emoji etc..)
  4. Please use spoiler tags for spoilers.

My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.

Other communities:

Beehaw.org gaming

Lemmy.ml gaming

lemmy.ca pcgaming

founded 1 year ago
MODERATORS
nanoUFO@sh.itjust.works
214
GameStop axes its short-lived NFT marketplace as it retreats from crypto (www.engadget.com)
submitted 10 months ago by nanoUFO@sh.itjust.works to c/games@sh.itjust.works
38 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] SnotFlickerman@lemmy.blahaj.zone 11 points 10 months ago* (last edited 10 months ago)

https://www.theatlantic.com/ideas/archive/2021/04/nfts-werent-supposed-end-like/618488/

But the NFT prototype we created in a one-night hackathon had some shortcomings. You couldn’t store the actual digital artwork in a blockchain; because of technical limits, records in most blockchains are too small to hold an entire image. Many people suggested that rather than trying to shoehorn the whole artwork into the blockchain, one could just include the web address of an image, or perhaps a mathematical compression of the work, and use it to reference the artwork elsewhere.

We took that shortcut because we were running out of time. Seven years later, all of today’s popular NFT platforms still use the same shortcut. This means that when someone buys an NFT, they’re not buying the actual digital artwork; they’re buying a link to it. And worse, they’re buying a link that, in many cases, lives on the website of a new start-up that’s likely to fail within a few years. Decades from now, how will anyone verify whether the linked artwork is the original?

Anil Dash helped create the first NFT spec in a coding jam, and it had serious limitations. The bit-limitation is huge. NFT's still only contain a URL. What happens if the website hosting that URL goes down? Well now your NFT points to nothing because it's actually just a fucking link, not an actual image.

But sure, this somehow has actual utility in a world where data can be copied infinitely at no cost and that's a good thing. We should be fighting to remove paywalls to access information, not adding fucking digital ones.

Because I just can't wait for every college textbook to be an NFT to try to stop textbook piracy. What a joke. That shit just makes me want to pirate things and break digital locks more. Yarr Harr Fiddle Dee Dee!