this post was submitted on 09 Aug 2023
1469 points (95.3% liked)

Dank Memes

6054 readers
23 users here now

This is the place to be on the interweb when Reddit irreversibly becomes a meme itself and implodes

If you are existing mods from r/dankmemes, you should be mod here too, kindly DM me on either platform

The many rules inherited from

  1. Be nice, don't be not nice
  2. No Bigotry or Bullying
  3. Don't be a dick!
  4. Censor any and all personal information from posts and comments
  5. No spam, outside links, or videos.
  6. No Metabaiting
  7. No brigading
  8. Keep it dank!
  9. Mark NSFW and spoilers appropriately
  10. NO REEEEEEE-POSTS!
  11. No shitposting
  12. Format your meme correctly. No posts where the title is the meme caption!
  13. No agenda posting!
  14. Don't be a critic
  15. Karma threshold? What's that?

founded 1 year ago
MODERATORS
BurningTurtle@lemmy.burningturtle.win
BurningTurtle@lemmy.world
Tenthrow@lemmy.world
1469
A good reminder that NFTs are shit (sh.itjust.works)
submitted 1 year ago by CookieJarObserver@sh.itjust.works to c/dankmemes@lemmy.world
380 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] srecko@lemmy.world 8 points 1 year ago (1 children)

I don't really get it. I have 10 tickets and I gave an ad that im selling them at 3x price. You can pay me via paypal and get it, or give me money in person in front of a venue. After that I will transfer you tickets. I just fail to see that additional layer of protection. I'm talking about reselling.

If you block reselling again I fail to see how will that be different than using standard database to collect all the data and check the documents at the entrance?

[โ€“] corm@sopuli.xyz 7 points 1 year ago

Correct, all of that can be done with a normal database. And with a normal centralized service you can just tie a ticket to someone's ID instead of their wallet address.

And in fact, with the wallet address ownership you could just make a new wallet per ticket purchase and then sell the whole wallet via paypal. Circumventing the whole smart contract thing.

Imo the only advantage to NFTs is that the DB can't ever go down or be altered. But if you trust amazon you could instead just use an append-only hosted database like QLDB.