It may take a while for this to fully settle in but in my opinion (and I don’t say this lightly) @lphaCentauriKid together with @richerd may have opened a serious path toward Ethereum-native media permanence. Let me explain it as simply as I can.
There are different ways to store data on Ethereum.
The first is contract storage - the most expensive layer. It is like the front room of an archive: the object is right there, instantly accessible and ready to use.
The second is logs - which is what ACK explored. Logs were not really meant for storing media but they may be surprisingly well-suited for media files that do not need to be accessed every day.
Think of an IRL archive. Not every object is kept at the front desk. Some works are stored deeper in the archive. You may need to request them and wait for retrieval but they are still preserved, catalogued and available to anyone who knows where to ask.
That is the idea: logs are not Ethereum’s front room - they may be its deep archive. And as a collector - that is perfectly fine with me.
Yes - this will create additional infrastructural burden for Ethereum. And yes - it will most likely trigger criticism and serious debate. But Ethereum was intended to be a world computer and that comes with both excitement and cost: constant development, pressure and adjustment.
That is also the beauty of the system. Ethereum is willing to absorb new edge cases and evolve around them. Bitcoin by design and culture largely chose not to go in that direction - and I understand that choice too.
Thanks to "Original Sin" - NFT media permanence may eventually become a real standard. A new market standard could emerge for media storage that remains deeply connected to the Ethereum ecosystem - archive-like, verifiable and durable as part of Ethereum’s historical record. That is the most important thing here and it is a catalyst I’m personally very excited about.
P.S. The elegance and innovation of how the artwork is reconstructed directly in the browser from Ethereum itself is genius. Kudos to @lphaCentauriKid and @richerd for this.
Only one chance in this lifetime…
Like watching sunset at the beach from the most foreign seat in the cosmos, I couldn’t resist a cell phone video of Earthset. You can hear the shutter on the Nikon as @Astro_Christina is hammering away on 3-shot brackets and capturing those exceptional Earthset photos through the 400mm lens. @AstroVicGlover was in window 3 watching with @Astro_Jeremy next to him.
I could barely see the Moon through the docking hatch window but the iPhone was the perfect size to catch the view…this is uncropped, uncut with 8x zoom which is quite comparable to the view of the human eye. Enjoy.
i'm not satoshi, but I was early in laser focus on the positive societal implications of cryptography, online privacy and electronic cash, hence my ~1992 onwards active interest in applied research on ecash, privacy tech on cypherpunks list which led to hashcash and other ideas.
⚡️POWELL: "PROGRESS ON GOODS INFLATION IS KEY FOCUS; CRUCIAL TO SEE REDUCTION THIS YEAR"
"PROGRESS ON TARIFFS INFLATION SHOULD BE SEEN BY MIDDLE OF THE YEAR"
hope that all our friends and colleagues in the Middle East (and their families) make it through the next days and weeks safely!
keeping my fingers crossed that we can mark everyone safe soon.