cross-posted from: https://sh.itjust.works/post/16182791
CCP reveals first details of survival game set on a single shard in the EVE universe, but wait: here comes the blockchain
The value of blockchain is to provide immutable ownership of something. Whether that be music, a tv show, movie, music, video game, etc. There is music on the blockchain, and the artists who have created that music can sell their music to fans without having to pay egregious fees to corporations. As well, they can determine if they’d like to include royalties, so every time their song is resold they can get a percentage of that transaction. TV show and movies are far less common, but the fact that you can own media on a decentralized platform that won’t go down because, a cloud service is having trouble, or the company decides they don’t want to host that particular media anymore even if customers have already bought it, means that you have access to what you purchased. The same can be said about games. Moreover, assets you either collect or purchase for that game can either be traded or sold. And, apparently the US Gov feels like there’s beneficial use cases for it, too: https://www.gao.gov/assets/gao-22-104625.pdf
If I have a movie downloaded on my computer I own it, I don’t need a link on a decentralized ledger to prove it to anyone lmao. The movie itself (or the music) isn’t even “on the blockchain”. It’s clear you don’t understand the technology.
It’s not about proving anything. It’s the fact that society is moving towards subscription based models in any facet of life they can possibly work it in. Software, hardware, tv, cars… Are you upset with the way I referred to how the data is stored? Typically that’s the most cut and dry way of getting the point across. But since you’re an expert on the matter, why don’t you elaborate on why you’re so against technology that benefits people?
The data wouldn’t be stored “on the blockchain”, that would be incredibly inefficient. Even with NFTs which were mostly only JPEGs, the blockchain only stored a hyperlink to the file on a server somewhere. You couldn’t keep a 2GB movie file on a blockchain. So it really doesn’t solve any problems, as you’re still relying on a server somewhere to host your media for you. How exactly does that benefit anyone?
But you don’t need blockchain to solve the issue with the push for subscription business models, it actually has zero impact on whether or not companies want to use that model. I can buy a digital file (providing someone is selling it of course) without blockchain, it’s mine without blockchain, and I can use it however I want without blockchain, I can sell it without blockchain…so why would I need blockchain for this scenario? It doesn’t provide a solution to a problem.
Companies will push for subscription models because they love that recurrent revenue and lock-in of the userbase it provides. blockchain isn’t going to stop them from having this preference.
So, slightly pedantic correction. You can store the data on the BTC blockchain, there’s really nothing preventing it. It costs in fees, it’s not at all what Bitcoin was designed for, but it’s been done in the past.
You technically can but it’s not practical for the mass amounts of data and practicality is critical. Heck, bitcoin is barely practical as a currency. Can you imagine someone who isn’t tech savvy managing their own wallet? Imagine what happens when their funds are gone, there’s nobody to call, and even if there were somebody to call, all that person could say is “sorry, all transactions are final and non-reversible”.
