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Re:Why Web3? by quickthrower2 on Wednesday December 29, 2021 @04:17PM (#29730143)
The genesis of this discussion is “NFTs are a scam and are retroactively obsoleted by digital signatures”. I basically said “how to avoid double spend in digital signatures”, someone replied “but you can clone NFTs!”. I said “yes but that is different”.

You are correct double spend is not a problem with NFT because they piggy back on crypto layers.

However double spend is a problem with just digital signatures that “retroactively obsoleted” NFTs.

Since there are multiple people commenting and steering the thread in different directions I feel this is being filibustered. So ill stop replying. Im exhausted!

Re:Why Web3? by root_axis on Wednesday December 29, 2021 @04:43PM (#29730443)
> However double spend is a problem with just digital signatures that “retroactively obsoleted” NFTs.

As I already stated, this is not true. Nobody can stop an author from minting two different blockchain NFTs pointing to the same content, there's no difference between that and "double spending" a digital signature NFT. At the end of the day, the only thing the NFT does is prove "the author authorized this verbal statement of ownership", a digitally signed text file does exactly the same thing.

Re:Why Web3? by jboy55 on Thursday December 30, 2021 @01:05AM (#29734127)
I think what you are missing is that for NFT adherents, they don't care about the original content, just the NFT.

btw, I own an NFT that represents all natural numbers, therefore all possible NFTs.