floofloof@lemmy.ca to Technology@lemmy.worldEnglish · 23 days agoCory Doctorow: The people who tell you ‘AI is changing everything’ are lyingwww.thenerve.newsexternal-linkmessage-square451linkfedilinkarrow-up11.16Karrow-down127
arrow-up11.13Karrow-down1external-linkCory Doctorow: The people who tell you ‘AI is changing everything’ are lyingwww.thenerve.newsfloofloof@lemmy.ca to Technology@lemmy.worldEnglish · 23 days agomessage-square451linkfedilink
minus-squarerbos@lemmy.calinkfedilinkEnglisharrow-up4arrow-down2·22 days agoI was thinking that with legal backing, blockchain could be a good record of ownership for deeds. Like NFTs but for physical property. The history of ownership and the public visibility are good features there.
minus-squarephutatorius@lemmy.ziplinkfedilinkEnglisharrow-up17·22 days agoLack of reliable, authoritative attribution of changes and no rollback or compensatory transactions are all dealbreakers.
minus-squareValmond@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·21 days agoYeah who doesn’t want a ledger you cannot change, sounds like a good idea. /s
minus-squarerbos@lemmy.calinkfedilinkEnglisharrow-up1·21 days agoIn the case of deeds, i think it is desirable because it gives you an immutable history of ownership. There are other problems but i don’t believe that is one.
minus-squareValmond@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1arrow-down1·21 days agoNo it doesn’t. It only works because 51% doesn’t change the ledger. You already have this with a simple database for ownership. It already exists, and ledgers made out of paper predates that.
minus-squareJason2357@lemmy.calinkfedilinkEnglisharrow-up1·21 days agoBut with good legal backing, all you need is a shared database and maybe basic cryptographic signatures to prove ownership in case of malicious actors. So basically, traditional banking.
I was thinking that with legal backing, blockchain could be a good record of ownership for deeds. Like NFTs but for physical property.
The history of ownership and the public visibility are good features there.
Lack of reliable, authoritative attribution of changes and no rollback or compensatory transactions are all dealbreakers.
Yeah who doesn’t want a ledger you cannot change, sounds like a good idea. /s
In the case of deeds, i think it is desirable because it gives you an immutable history of ownership.
There are other problems but i don’t believe that is one.
No it doesn’t. It only works because 51% doesn’t change the ledger.
You already have this with a simple database for ownership. It already exists, and ledgers made out of paper predates that.
But with good legal backing, all you need is a shared database and maybe basic cryptographic signatures to prove ownership in case of malicious actors. So basically, traditional banking.