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