News for hackers. Stuff that matters.
Re:Facebook plans to change its name as part of company rebrand by enos_feedler on Wednesday October 20, 2021 @01:29PM (#28933401)
Facebook, Microsoft, NVIDIA, Epic, etc, etc are all grabbing onto this metaverse thing and it is super embarassing. They say its about “not one company”. There is only one reason why they all talk about this. Apple. Apple is obviously building its own metaverse and isn’t inviting some of these companies to the party (NVIDIA) or making them pay high fees to join (Microsoft xbox, epic, etc). The kicker is going to be when all of these companies realize metaverse isn’t a thing and Apple wasn’t working on it all along. Instead, Apple builds up AR technology so they can make useful products that actually sell to everyone.
Re:Facebook plans to change its name as part of company rebrand by serverholic on Wednesday October 20, 2021 @03:09PM (#28934800)
This is one of the reasons Ethereum is so important. It creates a common foundation that no single company owns.
Re:Facebook plans to change its name as part of company rebrand by echelon on Wednesday October 20, 2021 @04:21PM (#28935938)
Your argument doesn't follow.

Besides, Buterin and the other whales "own" Ethereum.

Does someone with no money own any stake in Ethereum? No. They don't.

Ethereum isn't a socialist paradise.

Re:Facebook plans to change its name as part of company rebrand by serverholic on Thursday October 21, 2021 @09:57AM (#28944447)
How do they "own" it exactly?

Are they able to control people's transactions? No

They do influence the development of ethereum, however what's great about blockchain is that the community can "fire" the developers and choose new ones if they want. This almost happened after the DAO rollback drama in-fact.

Does someone with no money own any stake in Ethereum? I don't understand your point.

Why would you think Ethereum is supposed to be a socialist's paradise?