The Crypto Backlash Is Booming

• ens

  293 1,140 0.0 JavaScript

  Discontinued Implementations for ENS core functionality: The registry, registrars, and public resolvers.

  

> I could go on. It is not inconsistent to dislike something for multiple reasons.

Of course it isn't. I don't like NFTs but it dangerous to assume all NFTs fit in the above reasons. You can still have the following:

> - They're typically hideously wasteful of energy.

NFTs that are economically friendly: NFTs on Solana, Algorand, Avalanche, etc.

> - Even if not explicitly scams, they represent a pointless and inefficient financialisation of bloody everything that no-one except crypto enthusiasts seems to be at all interested in

NFTs that are useful: Blockchain Domain Names for identities. ENS [0], Solana Name Service, etc.

We still pay for blockchain domains in order to renew them, just like we do for domains on ICANN expect that for the latter, the registrar can seize your domain and hike the prices up [1], for any reason where as the former is owned by you on the blockchain and no one can take it away.

So which one is the true scam?

All the other reasons such as NFT jpegs, NFT games, etc are all valid criticisms and demonstrate limited or no usefulness. But not all NFTs are like that. ENS (which is a blockchain domains service) is a great example of utility in NFTs.

[0] https://ens.domains/

[1] https://news.ycombinator.com/item?id=29403773

• unlock

  38 807 9.9 TypeScript

  Ʉnlock is a protocol for memberships built on a blockchain.

  

• SurveyJS

  surveyjs.io sponsored

  Open-Source JSON Form Builder to Create Dynamic Forms Right in Your App. With SurveyJS form UI libraries, you can build and style forms in a fully-integrated drag & drop form builder, render them in your JS app, and store form submission data in any backend, inc. PHP, ASP.NET Core, and Node.js.

  

Suggest a related project