Hacker News new | ask | show | jobs
by automatic6131 1191 days ago
>with clawback support

Does this exist? What would it look like? Can you force a wallet to release an NFT? Or is it just governmental - centralized! - approved reminting of an NFT?

Also your security model is "I hope users use a hardware wallet" - not a great track record of this! Even among professional cryptocurrency developers!

>Because a FOSS property deed database could be censored and cannot be independently verified outside of the governing body easily. I would expect the uptime to be slower. It would also become a central point of failure for all property deeds This is the state of play today and it's... fine? Like I know many, many, many people buying houses and the hard part is not the record keeping of the deeds. That wouldn't even make a top 10 problem. And I know several people who've remortgaged or taken out credit against their house. They managed! Generally, taking out a big loan doesn't need to be fast - you don't do it that often.

Not exactly crying out for this solution, is it?

So, in summary, this use case isn't a high priority for nearly anyone (HELOCs already exist and can be accessed, and in any case, who needs them to be much faster? how often do they take out credit against their house?) and requires either centralized authority OR a future improvement to a blockchain (clawback!) and still requires the courts to looks at analog paper deeds (otherwise, how could seek resolution through the courts) in any case.