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World Wide Web’s original code is being sold off as an NFT

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Shivangi Mujumdar Follow

CBW -External Analyst

INDIA

Jun, 18 2021

Jun, 18 2021

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Sir Tim Berners-Lee, the inventor of the World Wide Web, is selling off the original code used to generate the modern internet as an NFT. NFTs are a form of exclusive ownership for digital-only items and do not essentially include copyright control. They have also been broadly criticized as a money-making scheme and bad for the environment. 

 

Points to be known about it- 

 

  • * Several have expressed surprise at the news given that Sir Tim excellently refused to patent his invention.

     

  • * The sale is being controlled by Sotheby's auction house, and the money made will be put towards causes selected by Sir Tim and his wife, Sotheby's mentioned.


  • * Sir Tim invented the World Wide Web - the core modern way we use the internet - in 1989.


  • * He proposed a model of linking together different pieces of information kept on the early internet through hyperlinks and built the first web server   and web browser. 


  • * The auction for the World Wide Web NFT labelled as “This Changed Everything” — will be run by Sotheby’s in London from June 23-30, with     bidding opening at $1,000. 

 

How does it work as the NFT? 

 

The NFT comprises original time-stamped files comprising the source code written by Berners-Lee. An animated visualization of the code is given in a memo mentioned by Berners-Lee on the code and its creation. 

 

The NFT consists of four elements: the original time-stamped files comprising the source code written by Sir Tim. It was a moving visualization of the closely 10,000 lines of code, a letter written by Sir Tim reflecting on the code and the practice of creating it, and a digital “poster” of the full code prepared by Sir Tim from the original files using Python. 

 

The outlines of code referenced by the NFT include applications of the three languages and protocols invented by Sir Tim. It remains fundamental to the World Wide Web currently; HTTP (Hypertext Transfer Protocol), HTML (Hypertext Markup Language), and URIs (Uniform Resource Identifiers). Along with the original HTML documents that educated early web users on how to use the application. 


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Shivangi Mujumdar

CBW - External Analyst

INDIA

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