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Bitcoin-powered NFTs

This is a sponsored post. The text is mine

Non-fungible tokens—NFTs—are proofs of ownership for scarce digital units built upon a blockchain, which is a distributed list of records.

The bitcoin blockchain is renowned for its strong settlement assurances: a transaction cannot be undone after being confirmed by miners. Since bitcoin has more miners than any other project in the world, it is harder to falsify and take down records at scale. The bitcoin blockchain’s resilience and record authenticity makes it the best choice for long-lasting NFTs.

Use cases for NFTs

NFTs can be used for artistic experiments, such as “original” copies of drawings and soundtracks. The collage “Everydays: the first 5000 days” was bought for $69 million by a collector in March of 2021. However, there is no long-term value to this use case: the hype we’re seeing now is tulip-free tulip mania.

It is better to use NFTs to create one-of-a-kind in-game assets, like collectables and feature-unlocking tokens. This is an area worth exploring because video games are among the best social experiences possible online.

The dominant use case for NFTs is likely to be decentralised domain names. Monopolistic organisations such as the Internet Corporation for Assigned Names and Numbers—ICANN—can raise prices, cut links between domain names and servers, as well as limit the availability of domain name extensions (such as .icannsucks, for example). To prevent potential censorship, we need to build decentralised domain name systems powered by NFTs.

Stacks helps to build decentralised systems upon the bitcoin blockchain with Clarity, a simple, secure, and reliable programming language tailored specifically for creating smart contracts: it has a function dedicated to creating NFTs! Also, it is an interpreted language, meaning that it is always human-readable and auditable.

Build NFTs on top of the bitcoin blockchain with Stacks and Clarity

1 mo   #ad   bitcoin   NFTs   Stacks

Don’t be ascetic

Ascetics are defined as people who pursue extreme self-denial and austerity.

Such actions lead to a boring life and loss of attention to surroundings. Non-destructive pleasures should never be disregarded, and, moreover, should be satisfied by all means.

Minimalism and self-improvement by self-restraint are completely different stories.

Public healthcare is unfair

Moscow laws clearly state that people must wear face masks in public transport, but some people don’t comply. They fall ill, only to be healed with tax money of those who do comply.

If this isn’t unfair, nothing is.

Read also: Pandemic havens

Progressive: the radical left is stealing a word’s definition

Progress is defined as advancement to a higher or more developed state; development, growth.

So-called Progressives believe that minimally regulated laissez-faire capitalism with monopolistic corporations impedes progress.

Their beliefs are foolish. Most regulations are corrupt anti-incentives (often set up by special interest groups) that kill popular desire to start businesses. When there are close to no regulations, everyone who can and wants to earn money, will earn money. Private enterprise creates more wealth for everybody, while government shuffles around what already exists and takes a cut for itself. A company that becomes a monopoly in a free market is significantly more efficient than its competitors.

The wrong ideas of so-called Progressives only hinder growth, while true progress is growth.

Read also: Organic—agribusiness is changing a word’s definition

Nice tramway map, February 2021

The latest additions to my marvellous Nice tramway map include

  • visual indications of different interchange lengths at Jean Médecin and Garibaldi,
  • SNCF railway stations highlighted in logo gradient,
  • Gare Thiers indicated as a TGV station,
  • bold names for interchange stations in addition to termini.

The future of the web

This is a sponsored post. The text is mine

Recently, I’ve written a manifesto about being immune to cancel culture. Understanding the gloomy reality, I decided to stop it from affecting me.

In today’s centralised web, the only sure way to avoid being deplatformed is to run a server at home, something that may not always be possible to do. Searching for other ways to resist external restrictions, I found out about Stacks, a network that creates a financial incentive to decentralise the web. Just like miners are paid a fee for running bitcoin nodes, Stackers are paid a fee to run Stacks.

Stacks is versatile: it can be used to run websites with the decentralised storage system Gaia, but also to place smart contracts such as paid subscriptions, auctions, and access control.

It’s time to start transitioning to the decentralised Web 3.0. Learn more on Stacks.co

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