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Useful Blockchain

Updated: Mar 9






Lies Lies and more lies






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__________

5/28/2023


Sorry, but nothing this person is saying makes any sense and she knows it. #APENFT


There is no linkage between any of the topics covered here that would support the idea that this project has any value. The Warhol painting has an accepted/recognized value associated with the market comps of his other work.


Digital art absolutely has value. The complicated process of turning it into an NFT does not. One can take a digital picture of a piece of art and upload it to a website and share the image URL and if the website goes down and files are lost, the backup image can be retrieved and republished when it is saved locally.







NFTs in general

1. Nothing is better or safe in any offsite (cloud) storage. 2. The NFT scam has about run its course and now they are trying to make 'utility' tokens... (user name and password).


You realize that NFT's are a worthless garbage concept but do not fret, we plan to make keychains out of those useless pieces of garbage. Digital ones that you will need to access the links to your stuff that is stored in the cloud somewhere. They can just lock you out of everything if they want to. Creating more barriers between you and your stuff that you can never really possess. This is better than saving a .jpg to a backup hard drive how?


They push 'cold storage' for crypto trying sell you overpriced thumb drives. There is nothing worth anything that is being developed in this space.


__________

5/18/2023


Explain to me what ETHEREUM CURRENTLY does in plain English with real-life words, not made up terminology invented to confuse and disguise what is actually going in which is really nothing. And what useful function or framework CURRENTLY exists and DIRECT ME to the BLOCKCHAIN WEBSITES where these APPS for blockchain exist...


Nobody is doing anything useful. It is complicated, the interfaces either do not exist or were designed by the same people who destroyed web2. 'THE CLOUD' and 'CRYPTO' were the two biggest lies they ever told and enough people bought into it that it is going to have catastrophic consequences for financial markets worldwide.


When they convinced you that storing your data 'in the cloud' was better than you having a copy of your stuff right there next to you on your desk, the big tech lie just spiraled out of control from there. It is not like you could do anything abut it anyway, but everyone went along with it. Now you are here.


'Ethereum is the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications.'



Is it just a ledger/gateway to IPFS? Maybe you do not want or need a ledger keeping track of all your 'assets' and all of your transactions top IPFS. Why are you so concerned with keeping track of all my transactions and making them public? Isn't it true that you can access and use IPFS all on your own without these devices, wallets, that record all of your transactions for what? For your protection? How does it protect you? It allows them to see what you have and decide whether or not they want to steal it. And apparently they can just delete or move it (take it away from you) after you publish it to the permanent blockchain ledger.


The more time I WASTE trying to figure out what this thing is, the more I am convinced that there is nothing there. Light at the end of the tunnel? Nope! Just a series of more tunnels.


The tech space is way overcrowded and there are more tech employees making a living causing problems that they then intervene to solve than there are people developing new and useful technology and making things better, The space is way too overcrowded.


Your new job in tech - make a problem and offer a solution to the problem.




The 'decentralized web' is not censorship free contrary to popular belief and you are not actually posting anything to the blockchain when you are using these 'blockchain' services' to transact information that is publicly displayed for everyone to see fr what reason?


it does not make you safe or secure... It seems idiotic.


Your 'hash' or CID container ID. It is difficult to follow any explanation that 'RESOLVES' anything in this space as only a small portion of the conversation every exists at any one time. They lead you to believe that this thing is one thing and it is not and then you are signing up for several other services that all try to layer themselves between you and what you are doing.


It has been said before that fraud is being disguised as gross incompetence and stupidity and the people who just make up terminology - they just make up words for things that already exist. These people have not invented anything new. It sounds new because they rename things that already exist and then they continuously make up new words and present the user with either or situations... It is like a liar who just keeps making up lies to cover their previous lies.


They use words interchangeably and even assign different meanings to words they made up as synonyms for each other. Craziness.


__________

5/17/2023






__________

5/16/2023


'To be a validator, you need to stake a certain amount of crypto for a chance of being randomly selected for the task.'


__________

We spend countless hours attempting to find useful information related to blockchain technology.

_________

5/14/2023




__________

5/12/2023


COINTELEGRAPH retrieved 5/12/2023



'Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.


While research in shared ledger technology goes back decades, the arrival of the Bitcoin blockchain introduced the first distributed ledger technology that was thoroughly decentralized and resistant to censorship, seizure and collusion.


Blockchain technology, in its various manifestations including the Ethereum blockchain and others, is ultimately a global consensus system — i.e., it allows people to coordinate and cooperate around a neutral source of information without trusting each other or a central administrator. The use cases are wide-ranging, from finance and energy trading to supply chain management.


At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?

Stay tuned to find out.'

__________

5/11/2023


You cannot actually host a blockchain domain website with a domain from Unstoppable Domains as far as I can tell. Also, the feature advertised allowing 'owners' of these domains to receive crypto payments directly to the domain address is 100% dependent on the source wallet recognizing the domain name as a compatible 'pay to' and of course, this only works even if the previous criteria s met AND you have set up the receiving wallet addresses associated with the domain correctly.


With PayPal you can send payment to an e-mail address and Michael Saylor can do the same with Bitcoin supposedly. But with so much of the crypto space it seems like you have to code your own payment gateway and also make sure it has not changed like Crypto.com did recently.


Many of these web3 projects are junk. There is not much going on in the space. The payment gateway is super stupid complicated and thew whole thing really relies on that. Even if you can figure it out, the transaction fees are way too high in many cases anyway. When it comes to unstoppable domains, they do not really do what they lead people to believe they do.


Also, Pinata.cloud is not a website website builder but a pinning service... The blockchain mafia has taken the idea of a website hosting package that includes a website builder, hosting and a payment gateway and complicated the living shit out of it, smashing that simple concept into may different pieces that you the user have to figure out how to put back together... why? Like buying a car and then being told you have to go get the steering wheel from one place, the tires from another, etc. For what reason?

__________

Have you noticed how none of these Web3/blockchain/crypto projects use blockchain domain addresses? Why is that? They all use '.coms' and publish 'apps' on websites 'web2' -

__________

5/10/2023


Decentralized should not be confused with an environment free of censorship. And who are these 'validators' ? I do not remember them being elected in a democratic process?


Is it true that a PEPE token holder was blacklisted because he was part of the development team? The development team that is anonymous according to sources? How can a wallet be blacklisted and who makes that decision?

__________

5/2/2023 -

Crypto: The World’s Greatest Scam - YouTube: James Jani



__________





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April 22, 2023 at 11:26AM
















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