{"id":9020,"date":"2021-07-01T19:54:03","date_gmt":"2021-07-01T19:54:03","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/world-wide-web-inventor-tim-berners-lee-sells-nft-for-5-4m-embarrassing-coding-error-spotted-in-nft\/"},"modified":"2021-07-01T19:54:03","modified_gmt":"2021-07-01T19:54:03","slug":"world-wide-web-inventor-tim-berners-lee-sells-nft-for-5-4m-embarrassing-coding-error-spotted-in-nft","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/world-wide-web-inventor-tim-berners-lee-sells-nft-for-5-4m-embarrassing-coding-error-spotted-in-nft\/","title":{"rendered":"World Wide Web Inventor Tim Berners-Lee Sells NFT for $5.4M \u2014  \u2018Embarrassing\u2019 Coding Error Spotted in NFT"},"content":{"rendered":"<p>Sir Timothy John Berners-Lee, the English computer scientist who is well known for inventing the world wide web has sold a non-fungible token (NFT) in an online auction hosted by the auction house Sotheby\u2019s. The NFT is basically a video of the World Wide Web\u2019s source code created in Python and the collectible sold for $5.4 million.<\/p>\n<h2>Tim Berners-Lee and Sotheby\u2019s Auction NFT for $5.4 Million<\/h2>\n<p>This week, Sotheby\u2019s <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/jun\/30\/world-wide-web-nft-sold\">revealed<\/a> that Tim Berners-Lee sold an NFT of the original source code for the world wide web for a whopping $5.4 million. Before the NFT auction, Berners-Lee <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/jun\/23\/tim-berners-lee-defends-auction-nft-web-source-code\">told<\/a> the publication the Guardian: \u201cI\u2019m not selling the web \u2013 you won\u2019t have to start paying money to follow links. I\u2019m not even selling the source code. I\u2019m selling a picture that I made, with a Python program that I wrote myself, of what the source code would look like if it was stuck on the wall and signed by me.\u201d<\/p>\n<p>Sir Timothy John Berners-Lee, the English computer scientist who invented the world wide web.<\/p>\n<p>Berners-Lee invented the web in 1989 and before the NFT sale he said \u201cThe core codes and protocols on the web are royalty-free, just as they always have been.\u201d A representative from Sotheby\u2019s said the non-fungible token collectible art auction was historical and the fact that Berners-Lee verified the NFT makes it even more valuable.<\/p>\n<p>\u201cThe symbolism, the history, the fact that they\u2019re coming from the creator is what makes them valuable, and there are lots of people who collect things for exactly those reasons,\u201d Cassandra Hatton, the global head of science and popular culture at Sotheby\u2019s explained in a statement. \u201cWe have placed it in a public forum, we have sold it at basically no reserve and we let the market decide what the value is going to be. There have been multiple bidders who have all agreed that it\u2019s valuable.\u201d<\/p>\n<p>Berners-Lee is well respected for his contribution to today\u2019s online advances and in 2018 he <a href=\"https:\/\/medium.com\/@timberners_lee\/one-small-step-for-the-web-87f92217d085\">announced<\/a> a project aimed at decentralizing the web. \u201cFor all the good we\u2019ve achieved,\u201d Berners-Lee said at the time. \u201cThe web has evolved into an engine of inequity and division; swayed by powerful forces who use it for their own agendas,\u201d he added. The inventor of the web had also reported on bitcoin on various occasions during the crypto asset\u2019s earliest years.<\/p>\n<p><!-- growjs zone placement 31 -->    <!-- end of growjs zone placement --> <\/p>\n<h2>Coding Error Spotted \u2013 Researcher Says There Have Already Been Discussions of a Misprint Error<\/h2>\n<p>Following the Berners-Lee NFT sale, a coding error was spotted in the NFT video that sold for \u00a33.9 million ($5.4 million). The researcher that spotted the error in the video <a href=\"https:\/\/www.bbc.com\/news\/technology-57680753\">told BBC News<\/a> it looked like \u201ca simple mistake.\u201d Mikko Hypponen explains that certain symbols were translated into HyperText Markup Language (HTML) and he believes it was an error.<\/p>\n<p>The error spotted by the researcher \u2013 screenshot taken by BBC News, an operational business division of the British Broadcasting Corporation.<\/p>\n<p><span>\u201c<\/span>There have already been discussions about whether this would make the NFT more valuable \u2013 like a postage stamp with a misprint error,\u201d Hypponen said.<\/p>\n<p>Moreover, website creator Mark O\u2019Neill told the BBC that \u201cwhoever made the video for the website ran the original text file through something that converted it into HTML. It\u2019s embarrassing for Sotheby\u2019s but I trust that nobody has done the same to the original code,\u201d O\u2019Neill added.<\/p>\n<p>The BBC\u2019s report notes that the newsdesk had reached out to Sotheby\u2019s and Tim Berners-Lee for comment.<\/p>\n<p><em><strong>What do you think about Tim Berners-Lee selling an NFT for $5.4 million with an error? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nBlockchain, BBC, HTML, Mark O&#8217;Neill, Mikko Hypponen, Misprint, nft, NFT Auction, NFT auction Sotheby&#8217;s, NFT Sale, Non-fungible artwork, Non-fungible Token, researcher, Sotheby\u2019s Auctions, Tim Berners-Lee, web, World Wide Web, World Wide Web Inventor, www, WWW inventor<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sir Timothy John Berners-Lee, the English computer scientist who is well known for inventing the world wide web has sold a non-fungible token (NFT) in an online auction hosted by the auction house Sotheby\u2019s. The NFT is basically a video of the World Wide Web\u2019s source code created in Python and the collectible sold for&hellip;<\/p>\n","protected":false},"author":0,"featured_media":9021,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9020"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9020"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9020\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9021"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}