World Wide Web inventor Tim Berners-Lee sells NFT for 5.4 million US dollars – “Embarrassing” coding error discovered in NFT – Blockchain Bitcoin News

Sir Timothy John Berners-Lee, the English computer scientist who is known as the inventor of the World Wide Web, sold a non-fungible token (NFT) in an online auction of the auction house Sotheby’s. The NFT is basically a video of the World Wide Web source code created in Python, and the collectible sold for $ 5.4 million.

Tim Berners-Lee and Sotheby’s to auction NFT for $ 5.4 million

This week, Sotheby’s announced that Tim Berners-Lee had sold an NFT of the original source code for the World Wide Web for a whopping $ 5.4 million. Ahead of the NFT auction, Berners-Lee told The Guardian, “I don’t sell the web – you don’t have to pay money to follow links. I don’t even sell the source code. I am selling a picture that I took with a self-written Python program of what the source code would look like if it were stuck on the wall and signed by me. “

World Wide Web inventor Tim Berners-Lee sells NFT for $ 5.4 million -
Sir Timothy John Berners-Lee, the English computer scientist who invented the World Wide Web.

Invented the web in 1989, Berners-Lee said before the NFT sale, “The core codes and protocols on the web are license-free, as they always have been.” A Sotheby’s representative said the auction of non-fungible tokens for collectibles was historic and the fact that Berners-Lee verified the NFT makes it even more valuable.

“The symbolism, the story, the fact that they come from the Creator makes them valuable, and there are many people who collect things for those very reasons,” Cassandra Hatton, global director of science and popular culture at Sotheby’s, explains in one Explanation. “We put it in a public forum, we sold it with practically no reserves and let the market decide how much the value will be. There were several bidders who all agreed that it was valuable. “

Well respected for contributing to today’s online advances, Berners-Lee announced a project to decentralize the web in 2018. “With everything we have achieved,” said Berners-Lee at the time. “The web has become an engine of inequality and division; influenced by powerful forces who use it for their own agendas, ”he added. The inventor of the web had also reported on Bitcoin on various occasions in the earliest years of the crypto asset.

Coding Error Detected – Researcher Says There Has Been Discussion Of A Printing Error

Following the Berners-Lee NFT sale, a coding error was discovered in the NFT video, which sold for £ 3.9 million ($ 5.4 million). The researcher who discovered the flaw in the video told BBC News that it looked like “a simple mistake.” Mikko Hypponen explains that certain symbols have been translated into HyperText Markup Language (HTML) and he believes it was a mistake.

World Wide Web inventor Tim Berners-Lee sells NFT for $ 5.4 million -
The bug discovered by the researcher – screenshot from BBC News, an operating division of the British Broadcasting Corporation.

“There was already some discussion about whether this would make the NFT more valuable – like a postage stamp with a misprint, ”said Hypponen.

In addition, website creator Mark O’Neill told the BBC that “whoever made the video for the website ran the original text file through something that converted it to HTML. It’s embarrassing for Sotheby’s, but I trust no one did the same with the original code, ”added O’Neill.

The BBC report notes that the editorial team had asked Sotheby’s and Tim Berners-Lee for comment.

What do you think of Tim Berners-Lee selling an NFT for $ 5.4 million with a mistake? Let us know what you think on this matter in the comments below.

Tags in this story

BBC, HTML, Mark O’Neill, Mikko Hypponen, Misprint, nft, NFT Auction, NFT Auction Sotheby’s, NFT Sale, Non-fungible Artwork, Non-fungible Token, Researcher, Sotheby’s Auctions, Tim Berners-Lee, Web, World Wide Web, World Wide Web inventor, www, www inventor

Photo credits: Shutterstock, Pixabay, Wiki Commons, BBC, Vanity Fair,

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source https://bidsfor.me/world-wide-web-inventor-tim-berners-lee-sells-nft-for-5-4-million-us-dollars-embarrassing-coding-error-discovered-in-nft-blockchain-bitcoin-news/

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