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A key feature of NFTs has completely broken / Web3 was supposed to make sure the original artist always got paid. Not so much anymore. (www.theverge.com)

submitted 10 months ago by 2tone@lemmy.world to c/technology@lemmy.world

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[-] PopularUsername@lemmy.world 1 points 10 months ago

Yeah I was tempted to add a caveat, it does technically auto executive, but because it needs to interact with the real world it will always run into the oracle problem. The only solution to the oracle problem is courts and tort law, which makes the blockchain contract redundant and unnecessarily expensive.

this post was submitted on 18 Aug 2023

543 points (95.0% liked)

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