I love this attack. It's similar to rug pulling in that it also plays with the user's trust towards an online identity. We think, now that we use blockchain, all our web2 problems are gone. Every piece of data is authenticated and checked for authorization. But the truth is that these problems aren't gone. They've just shifted somewhere else.
https://timdaub.github.io/2021/04/22/nft-sleepminting-beeple-provenance/
https://timdaub.github.io/2021/04/22/nft-sleepminting-beeple-provenance/
Tim's website
What Is Sleepminting And Will It Ruin NFT Provenance?
Today, while browsing /r/ethereum, I stumbled upon an impersonation attack using NFTs called "sleepminting." I ended up taking a closer look as I wanted to understand the idea of the attack.
#Do
https://timdaub.github.io/:
On "Technical Yield" (and Technical Debt)
How To Use Emscripten & WASM in Web App
Ethereum isn't fun anymore
web3 is a stupid idea
Reasons to not ship a PoA network
https://timdaub.github.io/:
On "Technical Yield" (and Technical Debt)
How To Use Emscripten & WASM in Web App
Ethereum isn't fun anymore
web3 is a stupid idea
Reasons to not ship a PoA network
Tim's website
Tim's space on the internet.
In a nutshell, that's web3. It's supposed to be a play on words regarding "web 2.0". Web 2.0 is the upgrade of web standards that gave us modern single-page applications and dynamic AJAX loading. And Web3? An advancement towards what exactly? Money websites?
Indeed, if you were capable of cleaning your mind of specific memories, specifically, let's say you could do grep -l web3 brain | xargs rm. And then someone asked you how you'd envision a blockchain-based and smart-contract-enabled web3; you'd likely describe an ecosystem vastly different to what it is today. You'd think about peer-2-peer networks, light clients, and renewed web standards. That's precisely not web3.
In today's experience it will instead be mostly shitty react websites that crash or stop working when you've neglected to install Metamask (or other key-management plugins). Opening a web3 website's network console, you'll see that it's making an excessive amount of RPC request to an Ethereum full node. Sorry, I meant to say Infura node, a hugely-popular cloud provider hosting Ethereum full nodes. That's kinda stupid.
In many ways, web3 was just a cool demo. But let's come up with something better. Just imagine what happens once there's a deeper integration of money into computer systems!
Indeed, if you were capable of cleaning your mind of specific memories, specifically, let's say you could do grep -l web3 brain | xargs rm. And then someone asked you how you'd envision a blockchain-based and smart-contract-enabled web3; you'd likely describe an ecosystem vastly different to what it is today. You'd think about peer-2-peer networks, light clients, and renewed web standards. That's precisely not web3.
In today's experience it will instead be mostly shitty react websites that crash or stop working when you've neglected to install Metamask (or other key-management plugins). Opening a web3 website's network console, you'll see that it's making an excessive amount of RPC request to an Ethereum full node. Sorry, I meant to say Infura node, a hugely-popular cloud provider hosting Ethereum full nodes. That's kinda stupid.
In many ways, web3 was just a cool demo. But let's come up with something better. Just imagine what happens once there's a deeper integration of money into computer systems!
The original Internet protocols defined how data is delivered, but not how it's stored. This lead to centralization of data.
EPOBC is one of possible ways of encoding colored coin transfers within Bitcoin transactions. (Also known as "color kernels".)
https://github.com/chromaway/ngcccbase/wiki/EPOBC_simple
https://github.com/chromaway/ngcccbase/wiki/EPOBC_simple
GitHub
EPOBC_simple
next-gen colored coin client base. Contribute to chromaway/ngcccbase development by creating an account on GitHub.
blockchains systems are often presumed to offer the following four properties (see also [4]):
[GC] Global consensus on validated transactions. [TP] Validation of transactions without the need
for a trusted third party.
[SC] Scalability in terms of transaction processing
capacity.
[SP] Scalability in terms of number of participants.
[GC] Global consensus on validated transactions. [TP] Validation of transactions without the need
for a trusted third party.
[SC] Scalability in terms of transaction processing
capacity.
[SP] Scalability in terms of number of participants.