A look back at Ubisoft’s failed attempt to sell NFTs to gamers in “Ghost Recon Breakpoint”, while Ubisoft is now ramping up its efforts to jump on the AI hype train.

  • squirrel@lemmy.blahaj.zoneOPM
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    10 months ago

    None of these use cases need the blockchain technology that is behind all NFTs. Blockchain is a horribly inefficient, wasteful implementation of a distributed ledger which can be created in many other ways.

    If NFTs fade away, one of the main reasons will be that there are plenty of ways to do what NFTs were supposed to do, but in more efficient and economic ways.

    • YrRhyfelwr@lemmy.blahaj.zoneM
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      10 months ago

      Also, implementing these things requires will on the part of the developer, modern tech companies just aren’t interested in any of this. There could be a perfect, low energy, privacy respecting system for all of these use cases, and it wouldn’t allow Google to scrape data for ad sales, so it would just be left to rot

    • roastedDeflator@kbin.social
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      10 months ago

      Blockchain is a horribly inefficient, wasteful implementation of a distributed ledger which can be created in many other ways.

      The novelty with blockchain is related to a paradigm shift. Instead of having a centralised entity controlling the servers for instance, blockchains provides a transparent and decentralised alternative. Transparency comes from the open source community, and thanks to transparency the open source community can verify the claims of decentralisation.

      If a blockchain is not 100% open source, it’s just another centralised thing.

    • Moira_Mayhem@lemmy.blahaj.zone
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      10 months ago

      one of the main reasons will be that there are plenty of ways to do what NFTs were supposed to do, but in more efficient and economic ways.

      Incorrect. Current NFT technology would make a nearly foolproof copyright enforcement system that would allow streaming and recorded content creators a way to fight back against malicious DCMA takedowns.

    • Moira_Mayhem@lemmy.blahaj.zone
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      10 months ago
      1. Current blockchains are inefficient, proof of work is not the only way to process blocks. Do you have any idea how inefficient internal combustion engines were only a decade after they were invented?

      2. It’s not about ‘need’, blockchains simply do public, highly tamper resistant and frictionless asset transfer ledgers better than any other proprietary system in existence.

      You don’t ‘need’ to light your barbecue with a match because we invented much safer and better high tech ways to start your grill. Blockchain is that.

      Your arguments are literally the same thing tens of thousands of people a month say with zero original thought or evidence that you actually researched what you parroted.

      • squirrel@lemmy.blahaj.zoneOPM
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        10 months ago

        Projecting much!? You never bothered to post anything to support your own statements while you posted the usual pro-crypto and pro-blockchain talking points. Even in your reply you didn’t bother to come up with anything, besides accusing me of parroting stuff.

        Every accusation is a confession. 😜