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In reply to @angel
2/23/2023
Ethan@ebeezy
Golden State Warriors and Coachella were using FTX’s centralized DBs to store their NFT collection metadata They can’t reroute baseURI either bc FTX was managing the contracts If it happened in 2022 with industry leaders, then it can happen again in the future, potentially at greater scale
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In reply to @ebeezy
2/23/2023
Angel@angel
I don't really understand that logic though. Couldn't I just as easily point to any web3 related hack and say something similar? Or why not point to all the good use-cases of the millions of good "centralized" databases cases. The point I'm hammering is that shitting on current tech makes no sense.
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In reply to @ebeezy2/23/2023
Angel@angel
It doesn't have to be all or nothing. I think farcaster is a great example of that?
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