• Kecessa@sh.itjust.works
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    20 hours ago

    Copying the info on another contract doesn’t mean it’s fungible, to verify ownership you would need the NFT and to check that it’s associated to the right contract.

    Let’s say digital game ownership was confirmed via NFT, the launcher wouldn’t recognize the “same” NFT if it wasn’t linked to the right contract.

    • Sibshops@lemm.ee
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      13 hours ago

      But you would need a centralized authority to say which one is the “right contract”. If a centralized authority is necessary in this case, then there is less benefit of using NFTs. It’s no longer a decentralized.

      • Kecessa@sh.itjust.works
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        11 hours ago

        Yes and no, with the whole blockchain being public it’s pretty easy to figure out which contract is the original one.

        • Sibshops@lemm.ee
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          11 hours ago

          Lets say you don’t have a central authority declaring one is official. How would you search the entire blockchain to verify you have the original NFT?

          • Kecessa@sh.itjust.works
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            11 hours ago

            The NFT is useful with a central authority though, it’s used to confirm the ownership of digital goods ex: if it’s associated to digital games then the distributor knows which contract is the original since they created it in the first place