July Notes

Steal shamelessly from every source.

Share freely and be open to new information from sport and every other disciplines. Everyone has different ideas.

Catfishing – the act of misleading somebody with a fake internet persona

Any story that starts will also end. This is the way novelists think: beginning, middle, and end. Curiosity is the rock upon which fiction is built.

The difference between hearing and listening | Pauline Oliveros | TEDxIndianapolis

In fiction time is condensed—one action springboards into another, greater action. Cause and effect are so much clearer in novels than they are in life.

Cynophilist ~ a dog fancier: one that is favorably disposed toward dogs.

Opacarophile ~ lover of sunsets Latin opacare meaning dusk = Greek phile meaning love.

Non-fungible tokens ~ (NFTs, colloquially, “nifties”) ~ a unique and non-interchangeable unit of data stored on a blockchain, a form of digital ledger. NFTs can be associated with reproducible digital files such as photos, videos, and audio. “Non-fungible” more or less means that it’s unique and can’t be replaced with something else. A bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different. Most NFTs are part of the Ethereum blockchain. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also supports these NFTs, which store extra information that makes them work differently from, say, an ETH coin.

NFTs can really be anything digital (such as drawings, music, your brain downloaded and turned into an AI), but a lot of the current excitement is around using the tech to sell digital art. You can copy a digital file as many times as you want, including the art that’s included with an NFT. But NFTs are designed to give you something that can’t be copied: ownership of the work (though the artist can still retain the copyright and reproduction rights, just like with physical artwork). To put it in terms of physical art collecting: anyone can buy a Monet print. But only one person can own the original. With digital art, a copy is literally as good as the original.

NFTs give artists a way to sell work that otherwise might not have a market. NFTs have a feature that can be enabled that will pay an artist a percentage every time the NFT is sold or changes hands, so the artist is benefits from every sale. Buying an NFT gets buyer some basic usage rights, like being able to post the image online or set it as a profile picture. NFTs can work like any other speculative asset, where you buy it and hope that the value of it goes up one day, so you can sell it for a profit. Technically every NFT is a unique token on the blockchain. Technically anything digital could be sold as an NFT. Part of the allure of blockchain is that it stores a record of each time a transaction takes place, making it harder to steal and flip than, say, a painting hanging in a museum. Bit rot is a real thing: image quality deteriorates, file formats can’t be opened anymore, websites go down, people forget the password to their wallets.

Since NFTs use the same blockchain technology as some energy-hungry cryptocurrencies, they also end up using a lot of electricity. Like cryptocurrencies, NFTs are stored in digital wallets (though it is worth noting that the wallet does specifically have to be NFT-compatible).

Blockchain ~ a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.

Cryptocurrency ~ a tradable digital asset or digital form of money, built on blockchain technology that only exists online. … Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, many other cryptocurrencies have been created.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s