Trump NFT Analysis
(media.greatawakening.win)
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Why is something being on a block chain a great way to share uncensorable truth? I don't see it. I think a lot of people don't understand block chain.
Imagine a wall of post office boxes.
Everyone can look into any box they want and see what’s in there, but only the person who has the key to that individual box owns it. So no one can remove anything from the box but the owner can transfer ownership if they wish.
Now imagine that the wall of boxes is huge. There are as many boxes on the wall as there are atoms in the solar system. That’s like blockchain.
Now imagine the bitcoin blockchain is one blockchain, the ethereum blockchain is another, the dogecoin blockchain is another, and so on, and so on…
Now imagine I wanted to store some information in a single atom on a particular blockchain. Since there are so many, they are all numbered uniquely so we can all identify them.
I say to you, go look at the info on atom A1754345578886554322226679976432. You can look at it, but no one can remove the information because everyone has the ability to view the entire blockchain.
If I say “That information doesn’t exist there” A couple billion people go, “Yes it does” because they have a shared copy of that blockchain too, and since those peoples copies are the same and mine doesn’t match, they win the argument because it’s obvious I faked mine.
Oh, I understand, to a pretty good level how block chain works. Just not seeing how this is a good way to share uncensorable truth. Yeah, you can't, or it's mathematically very unlikely to be able to, change a block within the block chain, but so what. Just post something on Trump's site. Unless someone hacks into the site that's not going to change either. People seem to think block chain is going to solve everything. It's just an immutable ledger - decentralized. Well not immutable as you can continue to add blocks to it, but the blocks that are already there cannot be changed without being detected that they were changed.
I don't think it's the best way to disseminate information either, I was only trying to explain for someone who doesn't understand it all.
maybe you just didn't realize how much un-censorable truth already exists in this space.
Let me put it this way. All the information is public and accessible by anyone. It is immutable and cannot be changed (unless you figure out how to hack SHA3).
There are MANY instances of information on NFT's as well as flat cryptographic transactions. Hell even the first BTC transaction included a NYT headline to further "timestamp" it:
https://www.blockchain.com/explorer/blocks/btc/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
In fact, the ability to put information in a transaction (or a message) is the building blocks of many cryptocurrencies after bitcoin, in which, the text isnt just text, its can use JSON or JAVA code too. Opening up ALOT of doors...
If you want history or examples check out this article that goes DEEP into the history of this space:
https://whiterabbit1111.medium.com/the-origin-digital-antiquities-market-nfts-1ea9b69c03f9
Easier for Trump to post something on his site.
go make his business deals then. oh wait...