Hacker News new | ask | show | jobs
by throwaway894345 1862 days ago
> Then again ... what’s the point of putting that on a blockchain?

Marketing. :p

> That’s actually pretty simple if you can live with centralization ... just certify CO2 offsets for example for each coin purchased.

We have this today, but "just certify" does a lot of work here. It's really hard to certify CO2 offsets in many cases (e.g., it's tough to verify that the trees someone plants weren't going to be planted anyway or that they will live to their expected potential and not get burned down prematurely).

1 comments

Whenever you plant a tree, do the following.

1. Take a picture of the tree

2. Burn the tree down.

3. Create NFT of the picture of the tree burning down.

4. Use the NFT of the picture of the tree to certify the CO2 offset.

Inspiration from: https://www.bbc.com/news/technology-56335948

I don't understand, the offset of a burnt tree is 0. I get that it's a joke, I just don't understand what the joke is.
Lets change the order of things then.

1. Take a picture of the tree

2. Create NFT of the picture of the tree.

3. Use the NFT of the picture of the tree to certify the CO2 offset.

4. Burn down the tree.

--------

Is it more obvious with this ordering? The NFT proves nothing. It doesn't matter when you burn (or otherwise damage) the tree. You have an NFT stating a carbon offset that is completely fake.

I'm just making fun of the idea that NFTs prove... anything useful... in these circumstances. Its the same thing as people who want to use blockchain to certify supply chains or whatever. The "Blockchain technology" doesn't do anything aside from provide marketing points.