Namecoin NFT enthusiast: I own this amazing 2011 blockchain art! Namecoin NFT skeptic: The name expired between 2011 and now. You just bought the re-registered version. This re-registration creates a new UTXO chain in Namecoin’s design, so it's a new NFT. Enthusiast: You’re right that this is a new UTXO. If you are considering the asset to be “UTXO + name”, what changes is the fungible part (unspent NMC = UTXO) and not the non-fungible object/blob itself. It’s a bit odd to say it’s a new...

Namecoin NFT enthusiast: I own this amazing 2011 blockchain art! Namecoin NFT skeptic: The name expired between 2011 and now. You just bought the re-registered version. This re-registration creates a new UTXO chain in Namecoin’s design, so it's a new NFT. Enthusiast: You’re right that this is a new UTXO. If you are considering the asset to be “UTXO + name”, what changes is the fungible part (unspent NMC = UTXO) and not the non-fungible object/blob itself. It’s a bit odd to say it’s a new...

Hi, I'm Chainleft. Today I'll introduce you to two things:A new art NFT collection with a unique drop mechanism.The first piece in that collection with a unique feature.What is ART PONZI?ART PONZI is a curated, growing art collection with unique drop mechanics and unique artworks. It’s designed for NFT art collectors and those who love unique blockchain experiments. The name is obviously a shout to crypto's cursed ponzi culture, but hopefully, this mechanic in the context of ar...

Hi, I'm Chainleft. Today I'll introduce you to two things:A new art NFT collection with a unique drop mechanism.The first piece in that collection with a unique feature.What is ART PONZI?ART PONZI is a curated, growing art collection with unique drop mechanics and unique artworks. It’s designed for NFT art collectors and those who love unique blockchain experiments. The name is obviously a shout to crypto's cursed ponzi culture, but hopefully, this mechanic in the context of ar...

Note: I published a version of this article originally in Bankless.TLDR;Contrary to criticisms, the forces that could centralize PoS tend to impact PoW in exactly the same wayDue to economies of scale, PoW becomes more centralized than PoS in the long runProof of Stake adoptionIt seems like Proof of Stake (PoS) is the hottest Sybil resistance mechanism out there. New Layer 1 chains are mostly built with PoS instead of PoW (Proof of Work) while Ethereum is soon merging with its PoS Beacon Chai...

Note: I published a version of this article originally in Bankless.TLDR;Contrary to criticisms, the forces that could centralize PoS tend to impact PoW in exactly the same wayDue to economies of scale, PoW becomes more centralized than PoS in the long runProof of Stake adoptionIt seems like Proof of Stake (PoS) is the hottest Sybil resistance mechanism out there. New Layer 1 chains are mostly built with PoS instead of PoW (Proof of Work) while Ethereum is soon merging with its PoS Beacon Chai...

BEFORE YOU BEGIN: This guide is ONLY for Punycode owners who want to bring their Punycode NFTs that are natively owned in the Namecoin blockchain into the Ethereum blockchain.IntroPunycodes (2011) were rediscovered in early February 2022. At the time of writing this article, Punycodes is still known as the first art NFT collection. Due to its significance, the collection saw a significant sales volume upon its discovery and its community grew rapidly within only a few weeks. Punycode NFTs are...

BEFORE YOU BEGIN: This guide is ONLY for Punycode owners who want to bring their Punycode NFTs that are natively owned in the Namecoin blockchain into the Ethereum blockchain.IntroPunycodes (2011) were rediscovered in early February 2022. At the time of writing this article, Punycodes is still known as the first art NFT collection. Due to its significance, the collection saw a significant sales volume upon its discovery and its community grew rapidly within only a few weeks. Punycode NFTs are...

The PurposeWhen launching ART PONZI’s first piece Genesisleft, I mentioned the many advantages of using SVG. It allows storing media 100% on-chain, it allows infinite scalability, it allows infinite frames, and it allows creating forever animations that don’t have to be loops. The only disadvantage I had raised was the fact that storing things on-chain could limit creative freedom. Since SVG is essentially mathematical coordinates, its outputs are mostly geometric with its paths, circles, cur...

The PurposeWhen launching ART PONZI’s first piece Genesisleft, I mentioned the many advantages of using SVG. It allows storing media 100% on-chain, it allows infinite scalability, it allows infinite frames, and it allows creating forever animations that don’t have to be loops. The only disadvantage I had raised was the fact that storing things on-chain could limit creative freedom. Since SVG is essentially mathematical coordinates, its outputs are mostly geometric with its paths, circles, cur...

DISCLAIMER: This article is a replica of a sub-section in my previously published “Defining NFT in Historical Context“ article. The reason for having this shorter version is to have an easy URL to link when we talk about Namecoin NFTs’ provenance. To get the full context, please read the original article. The original article is also collectible as an NFT. This article is not.Debate on Namecoin NFTs focuses on the “token” aspect of non-fungible tokens. Namecoin NFTs are the first NFTs. Minted...

DISCLAIMER: This article is a replica of a sub-section in my previously published “Defining NFT in Historical Context“ article. The reason for having this shorter version is to have an easy URL to link when we talk about Namecoin NFTs’ provenance. To get the full context, please read the original article. The original article is also collectible as an NFT. This article is not.Debate on Namecoin NFTs focuses on the “token” aspect of non-fungible tokens. Namecoin NFTs are the first NFTs. Minted...

A colorful tear in the fabric of the space opens a portal to a parallel universe. A universe made of art... Free art is falling from the tear on our speculative art market. A colorful eye, the eye of an omni-dynamic artist, watching our world... observing, creating... and dropping art. A woman’s vagina (nothing dirty, I promise), giving birth to creativity, creating art... dropping art on our world.DropleftThis piece is incredibly special. It’s not just because this is the first piece in ART ...

A colorful tear in the fabric of the space opens a portal to a parallel universe. A universe made of art... Free art is falling from the tear on our speculative art market. A colorful eye, the eye of an omni-dynamic artist, watching our world... observing, creating... and dropping art. A woman’s vagina (nothing dirty, I promise), giving birth to creativity, creating art... dropping art on our world.DropleftThis piece is incredibly special. It’s not just because this is the first piece in ART ...

NFT is an odd three-letter acronym. Even the people who are involved in NFTs are not exactly sure how to define an NFT. No wonder the normie world is confused. Expanding the acronym just makes things worse: Non-Fungible Token is still ambiguous.Confusion intensifiesIs NFT just a receipt? Is it the actual artwork? What about editions? What even is a token? These details are being discussed even more among Historical / Vintage NFT communities because early NFTs have antique value. These early a...

NFT is an odd three-letter acronym. Even the people who are involved in NFTs are not exactly sure how to define an NFT. No wonder the normie world is confused. Expanding the acronym just makes things worse: Non-Fungible Token is still ambiguous.Confusion intensifiesIs NFT just a receipt? Is it the actual artwork? What about editions? What even is a token? These details are being discussed even more among Historical / Vintage NFT communities because early NFTs have antique value. These early a...

It took 8 days to make Mergeleft. Maybe not as long as the merge itself, which was almost 8 years in the making, but it still took a lot of effort. I discarded a lot of completed versions, much like I did for Genesisleft and Dropleft, but I finally ended up with something I’m happy with. Let’s jump into what makes Mergeleft special (yes, there’s again unique stuff that you can’t find elsewhere):The storyThe technicalsThe StoryThe story behind this piece is relatively obvious. The piece begins...

It took 8 days to make Mergeleft. Maybe not as long as the merge itself, which was almost 8 years in the making, but it still took a lot of effort. I discarded a lot of completed versions, much like I did for Genesisleft and Dropleft, but I finally ended up with something I’m happy with. Let’s jump into what makes Mergeleft special (yes, there’s again unique stuff that you can’t find elsewhere):The storyThe technicalsThe StoryThe story behind this piece is relatively obvious. The piece begins...