Kennystillalive@feddit.org to memes@lemmy.world · 23 hours agoWhat do you think will the tech bros jump on next?feddit.orgexternal-linkmessage-square343fedilinkarrow-up11.25Karrow-down155
arrow-up11.2Karrow-down1external-linkWhat do you think will the tech bros jump on next?feddit.orgKennystillalive@feddit.org to memes@lemmy.world · 23 hours agomessage-square343fedilink
minus-squareKecessa@sh.itjust.workslinkfedilinkarrow-up2·11 hours agoYes and no, with the whole blockchain being public it’s pretty easy to figure out which contract is the original one.
minus-squareSibshops@lemm.eelinkfedilinkEnglisharrow-up1·11 hours agoLets 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?
minus-squareKecessa@sh.itjust.workslinkfedilinkarrow-up3·11 hours agoThe 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
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