this post was submitted on 02 Jun 2025
2156 points (99.4% liked)

memes

15289 readers
6845 users here now

Community rules

1. Be civilNo trolling, bigotry or other insulting / annoying behaviour

2. No politicsThis is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent repostsCheck for reposts when posting a meme, you can only repost after 1 month

4. No botsNo bots without the express approval of the mods or the admins

5. No Spam/AdsNo advertisements or spam. This is an instance rule and the only way to live.

A collection of some classic Lemmy memes for your enjoyment

Sister communities

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] brucethemoose@lemmy.world 17 points 4 days ago* (last edited 4 days ago) (1 children)

I guess the problem NFTs try to solve is authority holding the initial verification tied to the video. If it’s on a blockchain, theoretically no one owns it and the date/metadata is etched in stone, whereas otherwise some entity has to publish the initial hash.

In other words, one can hash a video, yeah, but how do you know when that hashed video was taken? From where? There has to be some kind of hard-to-dispute initial record (and even then that only works in contexts where the videos earliest date is the proof, so to speak, like recording and event as it happens).

[–] ddash@lemmy.dbzer0.com 8 points 4 days ago (1 children)

If it’s on a blockchain, theoretically no one owns it

This is such a funny thing to say since NFTs were all about "owning" stuff on the blockchain.

[–] brucethemoose@lemmy.world 2 points 3 days ago* (last edited 3 days ago)

Indeed. The blockchain provides no media hosting, no enforcement, I guess. It can mark something as owned (and require their private key to decrypt or whatever), but ultimately that ownership is as beholden to reality (read: arbitrary purseholders) as any other system. It’s just a record.