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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)PE
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FTs

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  • And what happens when the audit doesn't get written to, because there is a "delay" when the transaction happens? Or maybe it doesn't happen at all.

    In the NFT design, the transaction is it's own audit entry. It's federated because that's how block chains work. No one can argue that the transaction didn't happen, and everyone knows who it belongs to.

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  • NFTs, as implemented on a block chain are a unique number. A URL to that transaction can be generated, but a URL itself does not establish anything.the NFT needs to be in your block chain wallet. "Not your keys, not your wallet, not your crypto" applies here as well.

    Which is why the whole graphic -> nft thing didn't make a lot of sense to me.

    Great. You own the number assigned to a graphic. You own that graphic. You can still copy the pixels of that graphic too.

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  • Yes, plenty of ways, but none that didn't have flaws. The idea behind it is that it leveraged a publicly viewable history.

    Something like a Title Search for a home purchase would be done looking at the token's history. It's also not a database so there's no way to edit it after the transaction has been performed.

    In the instance of equities exchange it can also be used to prove who has and historically had ownership. In the care of, say, a broker, no one actually owns the stocks, the broker does and gives you an IOU for the stock. This means they can do whatever they want with the stock while it shouldn't be touched since it's yours.

    I don't know how Ticketmaster plays into this?

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  • Worthless on their own, yes. It's very valuable as a technology in terms of trackability and transparency, and establishing ownership.

    Tied to a graphic? That's just stupid and anyone who spent money on them deserved what they got.

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  • Something that is fungible is not unique.

    An NFT is essentially a number tied to another number in a block chain that establishes ownership.

    It provides a history of who owns it to. It's very useful when validating contracts and preventing fraud. Somehow it got turned into little graphics exchanged for money and I still don't understand how that happened.

    So, for instance, since the owners of the NFTs know that the wallet is compromised, the recipients of the NFTs after this point in the block chain are recipients of stolen goods. So anyone tracing the validity of an NFT knows that these are now all worthless.

  • Space is an appropriate name. It's just a lot of space with some hydrogen and helium dispersed throughout.

    The heavier elements we measure in stars are such a tiny % of matter they become negligible outside of stars.

    And it's big. We have no human way to comprehend how big it is. I fucking love space.