Blockchain may be the machinery of mischief, but it can't help telling the truth

Blockchain may be the machinery of mischief, but it can't help telling the truth

Column One of the many joys of blockchain is that it generates even more heat online than a Chinese Bitcoin mine pumps into the atmosphere. This month's posterchild is the NFT, the Non-Fungible Token, which is seen by all the right-thinking fold as practically the fundamental particle of crypto-scam physics.


You may have avoided this innovation for the sake of your sanity. As one friend remarked wearily on the observation that away from the hysteria, blockchain tech was worth watching: "Yes, but the hysteria comes with racist douchebros, libertarian grifters and QAnon paranoiacs. And I just can't even." She's not wrong.

But with a guarantee that such nonsense has no home here, this is what an NFT is. It's simply an entry in a blockchain that contains a reference to something else. Its blockchainhood means it can't be edited – it is part of the untamperable ch ..

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