[HN Gopher] First iTerm2 Commit for Sale as NFT
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       First iTerm2 Commit for Sale as NFT
        
       Author : gnachman
       Score  : 11 points
       Date   : 2021-03-29 16:53 UTC (6 hours ago)
        
 (HTM) web link (opensea.io)
 (TXT) w3m dump (opensea.io)
        
       | shusson wrote:
       | I get the human nature part of wanting to collect rare items. But
       | normally humans show off their collection somewhere. Where are
       | people showing off their NFT tokens?
        
         | SilverRed wrote:
         | There is nothing special you aren't understanding. NFTs are
         | simply a scam. The Beeple sale was "purchased" by a business
         | partner so the both of them could hype NFTs and profit on
         | selling them.
        
         | Maven911 wrote:
         | Marketplaces have a show off your collection pages and share to
         | social media
        
           | shusson wrote:
           | yeah but that seems pretty lame. Since basically anyone can
           | copy the digital asset and link it on social media. What
           | would be nicer is if applications like github adhered to the
           | NFT in someway, like showing a badge for the NFT.
        
       | capableweb wrote:
       | (I'm neither for or against NFTs, interesting concept around
       | ownership but way over-hyped currently)
       | 
       | Someone on HN might ask: "Uuh, but how do we know that this is
       | really \"The first iTerm2 Commit\"?"
       | 
       | The steps to verify would be like this:
       | 
       | - Open the page with the NFT, see the author name/address
       | 
       | - In this case "GeorgeNachman" so we search for that on Google
       | 
       | - Now two main results from two different sides show up, Twitter
       | and GitHub
       | 
       | - Visiting the GitHub user we can verify that it actually is the
       | iTerm2 author
       | 
       | - Visiting the Twitter timeline we can confirm the same username
       | has published a tweet about the NFT itself
       | (https://twitter.com/gnachman/status/1376267539894870020)
       | 
       | Now, why is this the interesting? Not sure. I find it weird that
       | it's just a screenshot of git output, instead of the actual git
       | data structure, would have been more interesting. But still,
       | would I ever buy it? No, and not sure who the target audience is
       | either.
       | 
       | Edit: Right, or you could just look at the HN submitter which
       | also seems to be the author. Verify the other profiles via
       | keybase which is linked. Hi!
        
         | brundolf wrote:
         | The best explanation I've heard described NFTs as "baseball
         | cards about things other than baseball players". Of course,
         | baseball cards are valuable because of the centralized
         | authority which limits the supply and designates certain ones
         | as "authentic". Anybody can go print a picture of a baseball
         | card; what's valuable is the official Topps one.
         | 
         | Whereas NFTs kind of give individuals the ability to "print
         | their own baseball cards". What this means is that an NFT's
         | identity isn't really just the item itself, it's the item + the
         | person/entity that "minted" it. Anybody can go create an NFT
         | for your piece of art, but arguably only the "official" ones
         | from you are (should be?) valuable.
         | 
         | WRT NFTs as a whole: as with nearly everything else on the
         | blockchain, I think it would be better as a centralized service
         | that "minted" these "cards" and skipped the crypto stuff
         | entirely. In addition to getting rid of the environmental
         | concerns, this central authority could vet each "verified
         | artist/creator", making sure that each NFT actually does come
         | from the right party and isn't being fabricated by someone else
         | (this is a real problem right now; I follow Twitter artists who
         | deleted all of their art posts for fear of someone turning them
         | into NFTs without their consent). If security is a concern for
         | such high-priced transactions, just... use really long
         | passwords/keys to secure people's accounts/items. Maybe upon
         | purchase you get a custom YubiKey that has a picture of the
         | item, or something.
         | 
         | ...of course, then you wouldn't have all the crypto-fanatics
         | hyping it up and boosting prices to get the whole thing off the
         | ground :P
        
         | shusson wrote:
         | > "how do we know that this is really \"The first iTerm2
         | Commit\"?"
         | 
         | You can easily check the commit here: https://github.com/gnachm
         | an/iTerm2/commit/eb4c3c33506b604e35....
         | 
         | I think you mean to ask "how can we verify the author?".
        
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       (page generated 2021-03-29 23:03 UTC)