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by ahnick
1193 days ago
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The blockchain is a piece of additive technology. It doesn't replace existing relational databases, nosql databases, object storage, etc. You can store data in any location you like (doesn't have to be a centralized location) and then verify it's authenticity later by recomputing the hash and comparing that to the hash stored on-chain in the NFT. Also, just because some data is stored off-chain does not mean you need to run your own infra. You could pay a hosting provider to operate it for you. Public permissionless blockchains help in easing the verifiability of ownership records, transfer of ownership records, and auditability of transactions. In the digital goods you don't necessarily have to rely on a single third party like a government. Checkout Chia offer files (https://chialisp.com/offers/) for an example of this. You can post these offer files on Twitter, forums, text messages, emails, etc. |
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To add it you need to show it produces more value than the problems it causes.
> It doesn't replace existing relational databases, nosql databases, object storage, etc.
Hm. Strange. In a comment elsewhere you literally claimed this, emphasis mine: "The staff still does what they do today, but they no longer need to maintain their own database and IT application."
> Also, just because some data is stored off-chain does not mean you need to run your own infra.
And the people will run the infra for you out of the goodness of their hearts? And of course the data that you store "somewhere elsewhere who knows where" will of course be easily available and accessible in perpetuity because blockchain, right?
Why is it that most NFTs in the world are now pointing to non-existent files?
> Public permissionless blockchains help in easing the verifiability of ownership records, transfer of ownership records, and auditability of transactions.
They don't. Moreover, they only work for the most trivial of cases, and make actual real-world scenarios hard or impossible. I've provide several of those, and you answer? "No one is claiming blockchain is helping in that situation and that's okay!"
> In the digital goods
We're not talking about digital goods.