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Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by capableweb on Saturday November 20, 2021 @06:37AM (#29287193)
Authority on the blockchain is validated by a bunch of different actors, none who trust each other but reaches consensus anyways.

Authority within the moon share ecosystem is validated only by the people who own the company.

Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by Dylan16807 on Saturday November 20, 2021 @07:01AM (#29287337)
That might matter in a niche case where the ownership of my moon share database entry is in dispute. (And each system has positives and negatives, blockchains aren't a strict upgrade.)

But the potential authority over the actual moon is the same under both systems.

Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by imgabe on Saturday November 20, 2021 @07:09AM (#29287395)
Ownership only ever matters when there's a dispute. If you go build a house on a piece of land, and nobody ever comes along and disputes whether you own that land, does it matter whether you do or not? I mean, we even built into our laws that if you do that and nobody disputes it for long enough, then you get to officially own the land.
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by Dylan16807 on Saturday November 20, 2021 @07:15AM (#29287424)
> Ownership only ever matters when there's a dispute.

Right.

And a blockchain only solves a tiny percentage of ownership issues. It solves those issues with powerful mathematical certainty, and if you could live inside a blockchain your problems would be solved*, but don't confuse that sliver with the full set of real-world ownership issues that exist with or without a blockchain being involved.

* if there are no bugs or hacks