Dan Olson's tone and bias is grating. > Why is the art of NFTs just so dang ugly? -- The folks who are steering all of this, the guys who are in charge, or the guys who go out and make something like Bored Ape Yacht…
With a NFT of a GIF, you don't need to pay to see the content. People are not buying these tokens to see the content, because it is free for everybody to see. What Pearson is suggesting is a different model: that you…
If you are asking "how does NFT hold custody" of a digital record then I assume you have never looked at how NFTs work at a technical level. If you know code, you can look at the ERC721 spec yourself. A practical…
Nothing stops tech companies from building crypto wallets or services that hold custody over users funds, a lot of them are already doing that. Building a new blockchain where they fully control the network and its…
It appears this is mostly targeting specific hot wallet software that may have some compromised downstream signing library, since the wallets are closed source it is difficult for the community to get to the root of the…
It may never meet the impact of the web but held to that standard, maybe no technology ever will. The killer application is Ethereum and the ideas it has spawned, including new global financial instruments like…
If you want more details you can always read the Gasper paper[1], the spec[2], or client code. It is complex to somebody not familiar with consensus and blockchain execution, but you might say that about any modern…
The article is not really presenting any strong arguments aside from literal hand waving the "<complexity>". The same hand waves could be made for PoW. See the last time it made discussion[1]. The article suggests that…
If you look beyond the most vocal proponents you will see a range of opinions. I do think it will, over the next 10-20 years, completely revolutionize how we think about digital assets and digital currency. For the…
What you are describing is a protocol-level bug, rather than smart contract bug. The merge has already occurred successfully a number of times on test networks, so it seems unlikely at this point. But if a catastrophic…
This might be surprising, but not every crypto user is a pure libertarian, or believes that code is law. A significant amount of funds extracted from this exploit were from whitehat hackers who took the funds and plan…
It is important that users come to better understand the different risk profiles between: 1. Owning ETH with a non-custodial wallet. 2. Owning ETH on a CEX. 3. Depositing ETH into a smart contract to receive a wrapped…
The article hints at some of these at the end of the article, but here's a few things maybe: - the option for non-custodial and semi-custodial ownership of things like digital assets, from currency to domain names to…
Dan Olson's tone and bias is grating. > Why is the art of NFTs just so dang ugly? -- The folks who are steering all of this, the guys who are in charge, or the guys who go out and make something like Bored Ape Yacht…
With a NFT of a GIF, you don't need to pay to see the content. People are not buying these tokens to see the content, because it is free for everybody to see. What Pearson is suggesting is a different model: that you…
If you are asking "how does NFT hold custody" of a digital record then I assume you have never looked at how NFTs work at a technical level. If you know code, you can look at the ERC721 spec yourself. A practical…
Nothing stops tech companies from building crypto wallets or services that hold custody over users funds, a lot of them are already doing that. Building a new blockchain where they fully control the network and its…
It appears this is mostly targeting specific hot wallet software that may have some compromised downstream signing library, since the wallets are closed source it is difficult for the community to get to the root of the…
It may never meet the impact of the web but held to that standard, maybe no technology ever will. The killer application is Ethereum and the ideas it has spawned, including new global financial instruments like…
If you want more details you can always read the Gasper paper[1], the spec[2], or client code. It is complex to somebody not familiar with consensus and blockchain execution, but you might say that about any modern…
The article is not really presenting any strong arguments aside from literal hand waving the "<complexity>". The same hand waves could be made for PoW. See the last time it made discussion[1]. The article suggests that…
If you look beyond the most vocal proponents you will see a range of opinions. I do think it will, over the next 10-20 years, completely revolutionize how we think about digital assets and digital currency. For the…
What you are describing is a protocol-level bug, rather than smart contract bug. The merge has already occurred successfully a number of times on test networks, so it seems unlikely at this point. But if a catastrophic…
This might be surprising, but not every crypto user is a pure libertarian, or believes that code is law. A significant amount of funds extracted from this exploit were from whitehat hackers who took the funds and plan…
It is important that users come to better understand the different risk profiles between: 1. Owning ETH with a non-custodial wallet. 2. Owning ETH on a CEX. 3. Depositing ETH into a smart contract to receive a wrapped…
The article hints at some of these at the end of the article, but here's a few things maybe: - the option for non-custodial and semi-custodial ownership of things like digital assets, from currency to domain names to…