| 18 Nov 2022 |
 srr24x7 | Turned out completely retarded... | 23:09:07 |
 enigma9o7 | In reply to @mathijs:matrix.vgorcum.com
sure, but in code, so, you know, you don't know who made the receipt, and you don't know how it works with weird edge-cases that doesnt sound non-fungible | 23:09:11 |
| enigma9o7 | i meani dunno what fungible means | 23:09:15 |
| srr24x7 | 😔 | 23:09:18 |
| enigma9o7 | but it sounds like funds eligable or something | 23:09:22 |
 Mathijs | In reply to @enigma9o7:matrix.org
i meani dunno what fungible means fungible means that it's unique | 23:09:39 |
| enigma9o7 | eliable to be sold. | 23:09:50 |
| Mathijs | ie: a dollar bill is fungible, because you don't actually care which specific one you have, they all have the same value | 23:10:01 |
| enigma9o7 | So a digital artist can't sell ten copies of the same piece of art? | 23:10:06 |
| srr24x7 | To quote wikipedia here:
A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership
| 23:10:11 |
| enigma9o7 | Or if they do, each NFT is unique, like a unique receipt has timestamp and datestamp etc. | 23:10:19 |
 Sylvia | In reply to @mathijs:matrix.vgorcum.com
sure, but in code, so, you know, you don't know who made the receipt, and you don't know how it works with weird edge-cases Luckily the web3 community is good at writing code and this never happens. Oh wait: https://web3isgoinggreat.com/?theme=bug | 23:10:30 |
| Sylvia | In reply to @enigma9o7:matrix.org
So a digital artist can't sell ten copies of the same piece of art? They can, because you only sell an URL. And you can upload the same thing to multiple servers | 23:11:04 |
| enigma9o7 | So it's not useful for musicians for example selling songs. | 23:11:14 |
| enigma9o7 | if they want everyone to be able to buy it | 23:11:18 |
| Mathijs | while non-fungible just means it's not interchangable with another object | 23:11:27 |
| Sylvia | And because it is just a link the server can do whatever: https://www.theverge.com/2021/10/14/22726556/signal-founder-moxie-marlinspike-nft-whim-change-platform-shit-emoji-fragility | 23:11:38 |
| srr24x7 | In reply to @enigma9o7:matrix.org
So it's not useful for musicians for example selling songs. You could use it for anything digital | 23:11:46 |
| enigma9o7 | * if they want everyone to be able to buy it (and be able to resell it) | 23:11:48 |
| srr24x7 | As Sylvia said it's really just pointing at an URL | 23:11:57 |
| enigma9o7 | But what if you want to sell multiple copies of the same song its okay? | 23:12:00 |
| enigma9o7 | And use NFTs for the proof of purchase, and so people can resell them easier. | 23:12:19 |
| Mathijs | In reply to @srr24x7:envs.net
As Sylvia said it's really just pointing at an URL technically there's no requirement for it to point to a URL | 23:12:23 |
| enigma9o7 | It sounds like it solves the problem of digital music. | 23:12:26 |
| enigma9o7 | Cuz CDs and records and tapes you can sell. | 23:12:30 |
| Mathijs | you could use it to represent any generic data | 23:12:37 |
| Sylvia | In reply to @mathijs:matrix.vgorcum.com
technically there's no requirement for it to point to a URL True it can be any small text string | 23:12:38 |
| enigma9o7 | But ever since digital downloads, hard to prove you own it, makes resale almost impossible. | 23:12:43 |
| Sylvia | Just limited file size, too small to store a picture or anything | 23:12:51 |
| enigma9o7 | can't just go down to the record store and sell some old CDs | 23:12:52 |
