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4

twovests wrote

i would only use an NFT if i really really needed to notarize something with a difficult-to-break timestamp and if i wanted that i'd do it on ethereum and on bitcoin

the fact that nft people don't understand this and that the big NFT platforms can revoke things tell me that this won't actually work

how will i prove things to people? imagine the year 2060 "hey you can see the SHA256 digest of my patent on this block from 30 years ago if you download the entire 30 TiB blockchain" and they say "what the hell is a Block Chain. go Fuck yourself" and they sentence me to space execution

5

hollyhoppet wrote

we already have a system for notarizing things it's called electronic notarization

3

twovests wrote

Wouldn't these not have as strong of a timestamp? My understanding is that the only benefit of notarizing """on a blockchain""" is that there are a lot of copies of the database everywhere with the same timestamp, and that there are some blockchain-based enotaries out there?

I don't mean this rhetorically, I've never actually used a notary (electronic or otherwise) so this is a gap in my knowledge (I don't know what to search for to fill that)

3

hollyhoppet wrote

notarization at its core is a government endorsed person called a notary says "yes this document is official and i've seen it." why does a timestamp matter?

2

twovests wrote

if i want to be able to prove that i had something notarized at a specific time

4

hollyhoppet wrote

e-notary services do this already without a blockchain and i'd trust a notary as a source of proof more than anything blockchain related

3

flabberghaster wrote

I think the only thing using a block chain buys you over a normal notary is that everyone can see that the notary signed off on it in real time, so that if you have a corrupt notary (or one gets hacked) and they sign off on something while claiming they saw it before they actually did, people would be able to prove it.

You could however, make the signatures public without a block chain type scheme, to achieve this.

2

neku wrote

wtf do people even notarise

2

flabberghaster wrote

Contracts, court documents, deeds, that kind of stuff.

Most any bank or credit union will have a notary who you can get to notarize anything you want, usually free if you have an account there.

Anything you would want to be able to say "I signed this on X date", and this person witnessed.