Link is fine for me
I am not interested in collectibles, I am talking about something much more interesting and practical. But to entirely dismiss the category because you are only privy to slow & expensive implementations or trivial use…
The press release was the first one that came up in my search that explained things clearly enough for the uninitiated. There are many other articles elsewhere covering these things if you care to look.
*international remittance
-The complete removal of intermediaries (resilience, trust, immutability) -Instantaneous transfer Read more about Abrdn and Toko if you want to learn more.
- The instantaneous transfer of value between two parties, without an intermediary. - The ability to publicly and immediately prove ownership (chain of provenance) to a third party. - Multi-signatories, the ability for…
I wasn’t conspicuously avoiding anything. I didn’t see you’d asked earlier. Examples given.
Mostly Hedera spearheading IMO, but yes: https://www.dlapiper.com/en/insights/publications/2023/04/to... https://www.cryptowisser.com/news/redswan-cre-builds-its-tok...…
Those original internet services didn't solve problems for the vast majority of business (or people) immediately! The technology was solid from the start, but the adoption curve was far, far slower than you suggest. By…
Because it’s happening slowly and people aren’t paying attention.
You’re referring to Proof Of Work (PoW). There are other methods which aren’t energy sinks.
How come?
Yes that is the actual benefit of NFTs. It's happening.
Indeed! On that note, if Douglas Adams were still alive he’d have cleared this entire situation up years ago. And it’s NOT that NFTs are themselves worthless… Reading below it’s clearly a perception problem. The…
Incorrect. NFTs used for pictures of monkeys etc are now effectively worthless. NFTs as a technology, for tokenizing real world assets, is the far more interesting and useful part.…
Just like the market for tablets before the iPad and the market for smartwatches before the Apple Watch?
The way Datomic handles facts, accumulating them and providing point-in-time queries, is very effective. Facts can contradict each other. Old facts are not lost. Querying requires a notion of time - “as of”.
No, today we have servers with some form of leader or centralised point of failure. With a properly decentralised network any node can be taken down without taking down the entire network. Not all public DLTs are born…
Under 10 transactions per second globally is why Bitcoin isn’t used in retail. Micropayments and nanopayments require thousands and tens of thousands TPS. There are newer generations of crypto that can do that and with…
When you can’t tell the difference between something that “feels like a cryptocurrency advocate pretending to write as if they were a skeptic” and something that’s maybe actually got a point, maybe rather than just…
The problem with that article is it confuses NFTs with NFTs being used as collectibles. It’s like criticising the JPG file format because a lot of people use it to just store pictures of cats. The practical use-cases…
Exactly this. There is a much bigger use-case for NFTs and tokenisation than just buying and selling JPGs.
It was a reply to the previous comment: “So far, all the consensus mechanisms that I know of employ a game of chance to select who gets to append the data.” Which seems to be the typical sentiment in comments when it…
Regarding The Coupon Bureau - read this: https://www.prweb.com/releases/single_source_vendor_for_univ... All the use cases are on https://hedera.com
The difference between someone making a sensible set of counter-arguments with valid points versus someone who is actually shilling is easily lost on some people.
Link is fine for me
I am not interested in collectibles, I am talking about something much more interesting and practical. But to entirely dismiss the category because you are only privy to slow & expensive implementations or trivial use…
The press release was the first one that came up in my search that explained things clearly enough for the uninitiated. There are many other articles elsewhere covering these things if you care to look.
*international remittance
-The complete removal of intermediaries (resilience, trust, immutability) -Instantaneous transfer Read more about Abrdn and Toko if you want to learn more.
- The instantaneous transfer of value between two parties, without an intermediary. - The ability to publicly and immediately prove ownership (chain of provenance) to a third party. - Multi-signatories, the ability for…
I wasn’t conspicuously avoiding anything. I didn’t see you’d asked earlier. Examples given.
Mostly Hedera spearheading IMO, but yes: https://www.dlapiper.com/en/insights/publications/2023/04/to... https://www.cryptowisser.com/news/redswan-cre-builds-its-tok...…
Those original internet services didn't solve problems for the vast majority of business (or people) immediately! The technology was solid from the start, but the adoption curve was far, far slower than you suggest. By…
Because it’s happening slowly and people aren’t paying attention.
You’re referring to Proof Of Work (PoW). There are other methods which aren’t energy sinks.
How come?
Yes that is the actual benefit of NFTs. It's happening.
Indeed! On that note, if Douglas Adams were still alive he’d have cleared this entire situation up years ago. And it’s NOT that NFTs are themselves worthless… Reading below it’s clearly a perception problem. The…
Incorrect. NFTs used for pictures of monkeys etc are now effectively worthless. NFTs as a technology, for tokenizing real world assets, is the far more interesting and useful part.…
Just like the market for tablets before the iPad and the market for smartwatches before the Apple Watch?
The way Datomic handles facts, accumulating them and providing point-in-time queries, is very effective. Facts can contradict each other. Old facts are not lost. Querying requires a notion of time - “as of”.
No, today we have servers with some form of leader or centralised point of failure. With a properly decentralised network any node can be taken down without taking down the entire network. Not all public DLTs are born…
Under 10 transactions per second globally is why Bitcoin isn’t used in retail. Micropayments and nanopayments require thousands and tens of thousands TPS. There are newer generations of crypto that can do that and with…
When you can’t tell the difference between something that “feels like a cryptocurrency advocate pretending to write as if they were a skeptic” and something that’s maybe actually got a point, maybe rather than just…
The problem with that article is it confuses NFTs with NFTs being used as collectibles. It’s like criticising the JPG file format because a lot of people use it to just store pictures of cats. The practical use-cases…
Exactly this. There is a much bigger use-case for NFTs and tokenisation than just buying and selling JPGs.
It was a reply to the previous comment: “So far, all the consensus mechanisms that I know of employ a game of chance to select who gets to append the data.” Which seems to be the typical sentiment in comments when it…
Regarding The Coupon Bureau - read this: https://www.prweb.com/releases/single_source_vendor_for_univ... All the use cases are on https://hedera.com
The difference between someone making a sensible set of counter-arguments with valid points versus someone who is actually shilling is easily lost on some people.