Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
Dear HN: Why blockchains are better than regular dbs for NFTs (twitter.com/arbvision)
3 points by ArbVision on Dec 29, 2021 | hide | past | favorite | 17 comments


A lot of text to claim that a nft on db, the db is owned by eg. Google and a ntf on Blockchain is owned by the people, lol.

He doesn't know about OpenSea delisting i suppose? https://support.opensea.io/hc/en-us/articles/1500010625362-W...

Being delisted from the largest marketplace is likely to be the same as having no listing at all.

Topic should be: Bullshit about nft's 101

Ps. Backup and restore procedures is in the dba 101 ...


Ah, also saw you posted on why NFTs are bad so a bit of a biased audience with you. I'm confused on the condescending closed mindedness.

Your number 1 reason: "They are bad for the environment, as they rely on cryptocurrencies that cause huge amounts of carbon emissions. They will continue to rely on these systems for security reasons (despite claims to the contrary about moving to other systems)."

You should read about Solana or Tezos if that concerns you. Tons of NFTs on both are gaining traction. Solana uses < 2000 Joules of energy per transaction - that's less than two google searches.


I mentioned plenty of reasons why NFT's and crypto are overrated.

Carbon wasn't any one of them. Nice one, but i don't think you're replying to me.

And you're totally ignorant if you don't think coinbase will have a delisting procedure in place, lol.


https://news.ycombinator.com/item?id=29280324

The article you linked? I guess you just linked the article you don't believe in? My assumption was you agreed with it and therefore posted it.


I posted the long version first and then the short version.

The long version was more interesting: https://antsstyle.medium.com/why-nfts-are-bad-the-long-versi...

But I've never said much in any comments about the environment.

Let's not forgot the last thing i mentioned:

Coinbase will also have a delisting procedure. It won't change.


Curious, have you come around to bitcoin being a thing? Trying to understand the HN perspective.

Saying items being delisted from OpenSea is a big deal and diminishes the value is a fair point but that's a temporary thing. If you look on a blockchain like Solana there are 5+ exchanges you can reasonably list.

And coinbase/ftx are listing ethereum NFTs and more competitors to OpenSea are spawning which actually proves my point a bit. If Google killed your project it would have no hope. If a marketplace kills it, any other marketplace can list it.


I already mentioned before : backup and restore 101. But then again, why would anyone be afraid of googling killing their project?

I think it's more realistic that AWS will boot off Chivo wallet from their services than any of my projects would be kicked out by a provider.

I would be more worried of my computer getting hacked and my wallet too.

Or the exchange getting hacked or them doing a cash-grab.

https://rekt.news - it really is the wild wild West


The backup & restore is a strawman argument. I'm not arguing the data is gone.

And why would anyone be afraid of google killing your project.. You just made the point and linked OpenSea deslisting projects... How about referring you back the same link you sent me?

List of reasons: "infringe on protected intellectual property, promote suicide or self-harm, incite hate or violence against others, degrade or dox another individual, otherwise violate our terms of service."


You're entire thread concluded with: NFT's are owned by the people.

My point was that it doesn't matter, since people will use companies and companies have to enforce rules.


You're misinterpreting the main point I'm making. It's not that I don't want Google vs blockchain cause I'm afraid of delistings or something. My main thought experiment is with an artist who is established and wouldn't get delisted. It's about the fact that humans have come together to decide this is what digital ownership means - it's on a distributed database and not by a company. Maybe there is a world in which Google was the oracle of NFTs, but in our world, society has agreed on blockchain.


I am sure that society in our world would call you delusional if you used that argument in front of a judge for copyright infringement of a Mickey Mouse NFT for example.

I already discussed that recently: https://news.ycombinator.com/item?id=29715994


Also, if your argument is being worry about getting hacked, you are going to love Coinbase NFTs that do everything for you, no self-custody.

I'm open to arguments against NFTs, but these arguments are quite poor.


Who says I'm worried for me? I got out in 2017 and couldn't care less.

What i am worried about, is for non-technical people getting duped ( which i already witnessed a couple of times) or if tether collapses ( for them ). Since they don't realize any of the risks.

Talking about poor arguments.

You do realize that you are contradicting yourselve by proposed a company as a fix here and your twitter threat opposing them?


“ I would be more worried of my computer getting hacked and my wallet too.” You said this statement. This debate is devolving.

You are confusing NFTs with things built on top of them like market places.

I give it two years ish and I’ll come back and you will own a handful of various NFTs. Look forward to coming back to this.


I was talking about others that I've seen hurt because of "0 knowledge". Those that won't use an offline wallet.

---

Fyi, don't bet too much on it.

When the pandemic is over, i think the gradual decline of crypto will start again.

If they happens, it will take most of these projects with it. Including your NFT dreams :)


This won't age well. Look forward to coming to back it. Good chatting, thank you.


Won't matter to me. I already took my share in 2017.

I hope you're not too vested in it ;), underlying tech has never been a differentiator in real-world applications. Facebook uses PHP :)!

Till then! Looking forward to it too in 2023-2024.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: