The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

But maybe the wrong version is more valuable?

Last month, the source code of the World Wide Web was publicly auctioned online:

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

That’s right, the 9555 lines of source code that formed the basis of the modern Internet in 1990 were provided by Tim Berners-Lee, the father of the Internet!

The auction item in the form of NFT (non-homogeneous token) starts at only $1,000, and the price soars once it is released.

The final transaction price was as high as US$5.4 million (equivalent to RMB 34 million):

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

But before that, someone found a bug in the public code demonstration video:

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

Obviously there are bugs, but they can still sell at such high prices?

Before understanding the reasons, let’s take a look at what’s in this auction item.

“Sell the Internet”

The core of the auction item is the original implementation of HTML, HTTP and URI, and a source code file with a time stamp.

In addition, there is a 30-minute coding demo video, a letter written by the father of the Internet explaining the code creation process, and a “code poster” in SVG format (there is also Tim’s vector signature in the lower right corner) :

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

On December 25, 1990, Tim Berners and another French researcher realized the communication with the server for the first time based on the HTTP proxy of the Web principle.

Subsequently, this technology was quickly promoted to the world.

But Tim did not apply for the intellectual property rights of the World Wide Web at the time, and he did not take any money.

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

And 30 years later, the 66-year-old Internet father cast the source code into NFT and took it out again.

He said:

Whether it is an artwork or a digital artwork like this, NFT is the latest game-changing creation in this field, and it is also the most suitable form of ownership available.

Just like the above code, video, image… we can all categorize it as a digital product.

NFT is a kind of virtual token that proves the ownership of assets in the intangible world and measures their market value.

Netizens lamented that the father of the Internet finally received the “30 years late patent fee”, and was shocked at the rapid increase in the price of this NFT auction item.

But then, suddenly someone came out and said: You seem to have some source code is not right ah ……

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

The researcher found from the 30-minute encoding demo video that the angle brackets <and> in the code were replaced by < and >.

Other similar errors in the actual code were also posted in the comment area:

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

However, there is nothing wrong with the code poster in SVG format:

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

Regarding this error, neither the auction house nor Tim himself responded.

The next day, the auction house announced that this digital artwork in the form of NFT was successfully auctioned at a high price.

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

Lots containing bugs

Everyone found that in the later public demonstration video, the wrong code has been corrected:

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

But here is a problem.

NFT and Bitcoin are different from homogenized tokens. They can neither be divided into smaller value tokens, nor are they interchangeable, and can only exist as a unique single entity.

Each of this non-homogeneous token has a different value.

And now, there is clearly a “factually correct” version, and another version with a “unique history” wrong.

So which version did the bidder who spent $5.4 million get?

Which of the two versions of NFT, one new and one old, is more valuable?

Someone said:

Maybe people will realize that NFT is bullshit and stop buying it? ……My evaluation of NFT is the same as other virtual currencies-only the value given by people, but no intrinsic value.

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

However, in the collection world, it is not uncommon for examples to be more valuable because of mistakes.

For example, in a stamp issued by the United States on May 10, 1918, due to a printing error, the pattern of the Curtis Jenny-4 airplane in the stamp was upside down:

The father of the Internet publicly auctioned the source code of the World Wide Web. After 34 million bought it, it was discovered that there was a bug

It is precisely because of printing errors that the price of this stamp has soared.

In 2005, an American financier bid 2.97 million US dollars for four such inverted Jenny stamps.

And now, what if bidders get a completely correct piece of World Wide Web source code, but the wrong version of the old NFT is not destroyed?

Then the auction house holding the old version may be sitting on a token worth more than $5.4 million.

Reference link

[1]https://arstechnica.com/tech-policy/2021/07/video-of-berners-lees-5-4m-nft-hints-another-exists-with-an-error/

[2]https://arstechnica.com/tech-policy/2021/06/tim-berners-lee-makes-an-nft-from-world-wide-webs-objective-c/

This NFT provided by Tim Berners-Lee

https://www.sothebys.com/en/buy/auction/2021/this-changed-everything-source-code-for-www-x-tim-berners-lee-an-nft/source-code-for- the-www

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/the-father-of-the-internet-publicly-auctioned-the-source-code-of-the-world-wide-web-after-34-million-bought-it-it-was-discovered-that-there-was-a-bug/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

Like (0)
Donate Buy me a coffee Buy me a coffee
Previous 2021-07-12 02:10
Next 2021-07-12 02:13

Related articles