• OutrageousHairdo [he/him]
    hexagon
    ·
    2 years ago

    Any kind of decentralized computing or blockchain project is vastly inefficient relative to a centralized one. "NFTs but good" would just be a generalized version of CS:GO Skin Trading - nothing actually novel about NFTs has any merit, even if the basic concept of trading digital stuff might not be entirely terrible.

    • zifnab25 [he/him, any]
      ·
      2 years ago

      Any kind of decentralized computing or blockchain project is vastly inefficient relative to a centralized one.

      If you'd issuing your own images tied to your own currency, it isn't decentralized. And if the seed is small enough, the computation time for the next increment isn't very costly.

      Of course, this defeats much of the purpose of what Crypto and NFTs are supposed to provide. But most people speculating on them doing know that. So it doesn't really matter.