This ably demonstrates the paradox of web3: Why pay the high cost for decentralization when you ultimately require a centralized validator to deem which owned assets are “legitimately” owned?
This ably demonstrates the paradox of web3: Why pay the high cost for decentralization when you ultimately require a centralized validator to deem which owned assets are “legitimately” owned?
@wintonARK As soon as anything is put on the net it's owned by the net. NFTs don't exist.
@wintonARK This. Feels like everyone has focused on the benefits of decentralisation but ignored the cons. I’m 100% pro decentralisation but there’s a ton of work that needs to be done to alleviate the downsides that come along with it.
@wintonARK no. eventually, apes (the nft nouveaux) will understand "trust but verify". it's how the entire ecosystem operates. from mint addresses to rpc cache layers. the most important part of the new hexagons is matching the contract addresses. for example, with his ape: