News for hackers. Stuff that matters.
Re:NFT's aren't the answer to the problems of digital art by capableweb on Tuesday November 09, 2021 @07:13AM (#29160623)
Immaterial differences at best.

> The print is beautiful and hanging on my wall.

Physical: you can view it, it can be stolen.

NFT: you can view it, it can stolen.

> The print won't evaporate when the url suddenly points to a server that was shutdown from lack of payment.

Physical: might burn down/stolen, insurance + security + safety prevents that.

NFT: Host might disappear. Content-addressing solves that.

> I know I bought a print, nobody was trying to trick me into thinking it was the original.

Physical: You can prove you have it because you have it.

NFT: You can prove you have it because your wallet contains it.

> And, most importantly of all, the artist got paid.

Physical: Artist can get paid when it initially got sold

NFT: Artist can get paid when it initially got sold, and can take a piece of each resell thereafter.

Re:NFT's aren't the answer to the problems of digital art by moron4hire on Tuesday November 09, 2021 @08:03AM (#29161165)
All of these things between physical and NFT are such huge differences in order if magnitude that they can't really be considered the same thing.

In my 40 years, I've never had someone break into my house and take something and I've never had a house burn down. Yet putting a file on the internet, it will eventually get copied, probably some time in the next 3 months. And I have a bookmarks folder full of once-very-popular sites that are now just completely gone, plus a bunch of still-popular sites that have changed their site layout completely. Hell, it's a bit of a meme that one of the only sites you can count on to never disappear is the god damned original Space Jam movie website.

Re:NFT's aren't the answer to the problems of digital art by iamacyborg on Tuesday November 09, 2021 @07:26AM (#29160785)
If someone can break into your property to steal your painting they can break into your crypto wallet to steal your NFT.
Re:NFT's aren't the answer to the problems of digital art by capableweb on Tuesday November 09, 2021 @07:47AM (#29161028)
Depends on a lot of things. Usually paintings are hanged somewhere where you can see them, usually not in safes. But with NFTs, you can have the display on the wall while the wallet is in a safe. You could put a painting in a safe too, but you won't be able to as easily show it off then.
Re:NFT's aren't the answer to the problems of digital art by TylerE on Tuesday November 09, 2021 @11:56AM (#29164160)
How safe is your wallet when you’re tied to a chair with a gun pointed at your head?
Re:NFT's aren't the answer to the problems of digital art by toolz on Tuesday November 09, 2021 @07:54AM (#29161082)
You can't honestly believe the same skillset applies here. Hacking digital assets is not the same as breaking a quarter inch pane of glass and turning a knob while no one is around.
Re:NFT's aren't the answer to the problems of digital art by Ensorceled on Tuesday November 09, 2021 @09:03AM (#29161839)
Only the criminals in my neighbourhood are robbing my house, hackers all over the world are trying to get access to your wallet or exchange.

Robberies are down from 30 years ago, flat for the past 5. Cybercrime is soaring.

Re:NFT's aren't the answer to the problems of digital art by moron4hire on Tuesday November 09, 2021 @08:04AM (#29161175)
Exactly. Hacking digital assets is a lot more accessible. It's almost guaranteed to happen, whereas most people live their entire lives without getting robbed.
Re:NFT's aren't the answer to the problems of digital art by toolz on Tuesday November 09, 2021 @09:27AM (#29162150)
There was more artwork stolen last year than crypto. That's a single category of theft.

https://www.securitymagazine.com/articles/94627-19b-in-crypt...

https://www.infoplease.com/culture-entertainment/art-archite...

Here's another physical asset theft category that says 1/3 americans have experienced - something tells me you're also wrong about how many people have been stolen from as well.

https://www.cnbc.com/2020/01/10/package-theft-how-amazon-goo...

Re:NFT's aren't the answer to the problems of digital art by moron4hire on Tuesday November 09, 2021 @10:27AM (#29162950)
Ok, so you're comparing absolute numbers between things in different categories and with wildly different liquidity levels. And then I don't get how comparing NFTs to "leaving valuable packages completely unsecured outside" is supposed to help your case. And if we believe 1/3rd is accurate, the easiest crime of theft on the planet is only getting us to 1/3rd? Last time I checked, 1/3rd was significantly less than 1/2. Generally, when people say "most", they mean "50%, plus at least one person".

This is why I've muted "NFT" on Twitter. You can't get answers out of proponents without them massively shifting the goal posts.

Re:NFT's aren't the answer to the problems of digital art by toolz on Tuesday November 09, 2021 @10:45AM (#29163234)
Weren't you just suggesting more hacking attempts happen against NFTs because they're accessible and now you're saying package deliveries are more exposed to theft and so the comparison is unfair?

I agree these comparisons aren't perfect, but I certainly wasn't trying to move the goalposts - I am trying to understand how you've not done just moved the goalposts yourself, though.

Re:NFT's aren't the answer to the problems of digital art by Ensorceled on Wednesday November 10, 2021 @07:55AM (#29174120)
"Looted" art was not stolen off somebodies wall. It was taken by "explorers", occupiers, colonizers, Nazi's etc. That is a terrible link for this discussion.