Saturday, March 19, 2022

Yeah, me, too

Greg Crosby, Jewish World Review

Many times, in the past when reading some article that is beyond my level of comprehension I simply shrug it off and turn the page. I've always found that the easiest way of dealing with a complicated issue, is just staying stupid and moving along.

I've never been tech minded. Whenever I hear terms like "crypto" "bitcoin" or "metaverse" my mind automatically shuts down and I look to involve myself in something that's more understandable to me, like Tex Avery cartoons or Buster Keaton movies. That's about as far as my technology knowledge gets.

But, this time … No. Couldn’t just let well enough alone. I don’t understand it, I don’t need to. Do that.

But this time I wouldn't let myself give up. This time, I told myself, I'm going to get to the bottom of it all, do some research and find out what this stuff means. So, I looked up the terms I didn't understand and got their definitions once and for all. Here they are.

Metaverse: "An open source decentralized, interoperable platform for programmable digital assets and digital identities built on Substrate."

Avatars: Digital identity. Self-sovereign identity ledgers on the Metaverse blockchain via the KILT protocol. Ability to securely manage personal data and credentials, which can be anonymously shared to third parties. Decentralized and independent digital identities in Web3.0 initiative.

NFT: Refers to unique assets, like an irreplaceable doge meme or an autographed tweet. A non-interchangeable unit of data stored on a blockchain, a form of digital ledger that can be sold or traded. Non-fungible tokens differ from blockchain cryptocurrencies because each token is uniquely identifiable.

Blockchain: A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. The timestamp proves that the transaction data existed when the block was published to get into its hash.

Now that we've cleared all that up, who wants to join me for a non-virtual Buster Keaton film festival? You bring the non-virtual popcorn.

https://www.jewishworldreview.com/cols/crosby031822.php

I got lost after the word “Metaverse.” Updated old saying: “It’s all bitcoin to me.” People say, “You need to keep up.” Why? That language has no meaning or effect on what I do every day. Somebody who does stuff in that language, good on ‘em.

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