ROLLUP: RIP Solana? | OpenSea Banning Cubans | China Launches NFT Marketplace | #134
The Milk Road Show
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The Benefit of a Blockchain
On November 29th, a China court ruled that NFTs are virtual property protected by law. The idea here is that they want to put identity and proof of ownership of a real estate on the blockchain. And so it allows you to, you know, when real estate gets on there and I don't know ownership of your car and ownership of all these things, like they want to digitize it all. But this is a closed layer oneBlockchain. So far it does not integrate with other blockchains and all that kind of stuff. It's just this closed thing. What I don't really understand is why use a chain at all? If it's just a private closed database
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