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Joined 2 years ago
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Cake day: October 6th, 2023

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  • That’s not the first-owner problem. I’ll try to explain in more detail. The problem arises when you’re using the blockchain as a “reciept”. You can only ever trace the ownership of the reciept, not the item it represents, without a trusted party.

    • Say we made a blockchain that determines the ownership of all fluffy hats in the world. It starts at june 1st 2026. Lets just assume there’s a trivial way to perfectly describe fluffy hats that we can put in a token. Or hell, pretend it’s super complex, that changes nothing.

    • You bought a fluffy hat in 2002, and made one for yourself in 2008. You own both, wearing one to bed when you go to sleep on may 31st, 2026.

    • At 1 second past midnight, june 1st 2026, I make two tokens, one for each of your hats.

    • I am now officially the first owner of those hats. You are suddenly a thief holding my property, even though it never left your head.

    That’s the first owner problem. Without a trusted source, there is no way to ensure the first owner in a blockchain is actually the owner under the current legal definition (as in, you made the hat from homespun wool, it’s on your head right now). It gets even worse though, because I can even make tokens for nonexistent fluffy hats that haven’t been made. As soon as someone makes it, i’m already the owner.

    The ONLY application for a blockchain with a trustless system is if the entire property is directly on the blockchain, and that doesn’t work.





  • So, so so very much is projection.

    They want to cheat on their wives with hot women, and so they assume everyone wants that. The only reason other people don’t is because they can’t, or because society will hate them for it. Trump normalizes this because he has power, so they like it.

    They want to fuck little girls, and so they assume everyone wants to fuck little girls.

    They are super fucking racist, and so they assume everyone is. And that’s bad, because that means they NEED to strike first, because they know that’s exactly what the other side wants to do. And everyone who doesn’t want to kill black people is a traitor, since they know black people want to kill them.

    And they are deeply insecure, because in their worldview that just makes sense. It comes with the xenofobie. Thats why they oppose divorce (well they can leave women, women can’t leave them). Thats why they oppose abortions, because it’s all about controlling women too.