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Re:Why Web3? by kkjjkgjjgg on Wednesday December 29, 2021 @04:38PM (#29730369)
But at least you can check the blockchain for all the content the author has created.
Re:Why Web3? by root_axis on Wednesday December 29, 2021 @04:41PM (#29730411)
The author could use a unique private key for each blockchain NFT if they wanted to avoid that.
Re:Why Web3? by kkjjkgjjgg on Wednesday December 29, 2021 @04:51PM (#29730534)
The problem of how to associate a NFT with a physical object is a different one from the transfer/spending problem.

I think that is the "minting" problem.

An artist simply signing stuff does not even prove that a physical object corresponding to the token exists.

I like to think of other use cases, like real estate or stock options. If you talk about a plot of land, it seems feasible to find a unique identifier (you could even involve the government).

Edit: HN does not allow me any more replies right now, so I have to leave it at that. The reason why a "government signature on the deed" would achieve the same thing is because we trust on the government to keep a proper ledger. And the government asks for a lot of money for a transfer.

Re:Why Web3? by root_axis on Wednesday December 29, 2021 @04:55PM (#29730592)
> I like to think of other use cases, like real estate or stock options. If you talk about a plot of land, it seems feasible to find a unique identifier (you could even involve the government).

A deed digitally signed by the government's private key satisfies this need without a blockchain.

Re:Why Web3? by kkjjkgjjgg on Wednesday December 29, 2021 @07:40PM (#29732067)
"A deed digitally signed by the government's private key satisfies this need without a blockchain."

Only because the government keeps track of who owns what in a centralized database. Typically they also ask for pretty high transferal fees.

Re:Why Web3? by tshaddox on Wednesday December 29, 2021 @07:44PM (#29732105)
Huh? If you can’t verify that the public key is the author’s then you wouldn’t consider the message to be signed by the author.
Re:Why Web3? by root_axis on Thursday December 30, 2021 @01:39AM (#29734273)
Why wouldn't you be able to verify the public key?
Re:Why Web3? by miracle2k on Thursday December 30, 2021 @02:30AM (#29734535)
You seem to be suggesting that a problem with NFTs is that the artist can mint multiple copies of their artwork, possibly using secret additional private keys.

The answer is that this is not a problem, because the whole point is knowing who the creator of the NFT is, and beeple trying to create additional copies using a secret wallet but not telling anyone will be treated by the market the same as me minting a copy of a beeple piece.