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In reply to the discussion: Trump's digital trading cards -- I don't get it [View all]Celerity
(42,627 posts)45. the funny thing is, I have been dealing with virtual items since I was 6 years old, in Second Life
via a closed beta account that my father gave to me in November 2002 (and that my parents monitored me on until I was 9 or 10 or so)
virtual currency too (Linden dollars, which came in the end of 2003)
and it all was called the metaverse, a term that has been around for over 30 years (I am 26)
none of this is new to me (albeit no true blockchain tech in terms of Second Life), in fact it has basically been a part of most of my life
SL uses this similar tech:
LSL Key
https://wiki.secondlife.com/wiki/Category:LSL_Key
A key is a universal unique identifier in Second Life for anything mostly, be it a prim, avatar, texture, etc.
You may see key referred to as UUID, UID, "Asset UUID", or "asset-ID".
The key itself is formed of ?hexadecimal characters [0-9a-f] and each section of the key is broken up by dashes (for a total amount of 36 characters).
https://wiki.secondlife.com/wiki/Category:LSL_Key
A key is a universal unique identifier in Second Life for anything mostly, be it a prim, avatar, texture, etc.
You may see key referred to as UUID, UID, "Asset UUID", or "asset-ID".
The key itself is formed of ?hexadecimal characters [0-9a-f] and each section of the key is broken up by dashes (for a total amount of 36 characters).
this is the brief history of blockchain:
https://en.wikipedia.org/wiki/Blockchain#History
Cryptographer David Chaum first proposed a blockchain-like protocol in his 1982 dissertation "Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups." Further work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta. They wanted to implement a system wherein document timestamps could not be tampered with. In 1992, Haber, Stornetta, and Dave Bayer incorporated Merkle trees into the design, which improved its efficiency by allowing several document certificates to be collected into one block. Under their company Surety, their document certificate hashes have been published in The New York Times every week since 1995.
The first decentralized blockchain was conceptualized by a person (or group of people) known as Satoshi Nakamoto in 2008. Nakamoto improved the design in an important way using a Hashcash-like method to timestamp blocks without requiring them to be signed by a trusted party and introducing a difficulty parameter to stabilize the rate at which blocks are added to the chain. The design was implemented the following year by Nakamoto as a core component of the cryptocurrency bitcoin, where it serves as the public ledger for all transactions on the network.
Cryptographer David Chaum first proposed a blockchain-like protocol in his 1982 dissertation "Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups." Further work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta. They wanted to implement a system wherein document timestamps could not be tampered with. In 1992, Haber, Stornetta, and Dave Bayer incorporated Merkle trees into the design, which improved its efficiency by allowing several document certificates to be collected into one block. Under their company Surety, their document certificate hashes have been published in The New York Times every week since 1995.
The first decentralized blockchain was conceptualized by a person (or group of people) known as Satoshi Nakamoto in 2008. Nakamoto improved the design in an important way using a Hashcash-like method to timestamp blocks without requiring them to be signed by a trusted party and introducing a difficulty parameter to stabilize the rate at which blocks are added to the chain. The design was implemented the following year by Nakamoto as a core component of the cryptocurrency bitcoin, where it serves as the public ledger for all transactions on the network.
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I just sent you a short video on blockchain tech, and it is far from just cryptocurrency
Celerity
Dec 2022
#38
I think Trump NFTs are a joke because it is Trump for one, and also because the NFT market is
Celerity
Dec 2022
#42
the funny thing is, I have been dealing with virtual items since I was 6 years old, in Second Life
Celerity
Dec 2022
#45
NFT Trump Trading Cards? Ohhh..."JOY!" 🙄🙄🙄🙄 Yeah, I know I'm Not the target market😄.
electric_blue68
Dec 2022
#51
It's like taking a picture with a digital camera, and encoding it to be ONE OF A KIND, and then sell
Brainfodder
Dec 2022
#52