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> the artist's digital key was used to sign a record on the blockchain, How do I verify the artist vs someone who just says they are the artist? Couldn’t I ge

> the artist's digital key was used to sign a record on the blockchain, How do I verify the artist vs someone who just says they are the artist? Couldn’t I generate a private key, call myself Banksy, sign a new token and add it to Bitcoin’s blockchain instead? In this situation is Etherium running some pki that can prove that Banksy is really Banksy? Or does Banksy tweet out his public key and just announce that only signatures from his key are authentic? I guess the challenge in my mind is if there’s no root name authority to verify who is who, and there’s no legal provenance for who signs what, then someone could start creating new NFTs for Banksies and add them to any blockchain. So the desireability comes down to whether I want an autograph from the Banksy matching the signature his Twitter says vs an autograph from some rando claiming.

rjknight 6y ago
These are all really good questions. I'm not sure that there are equally good answers. Right now, it seems that people are taking things on trust, buying only from digital artists who have very active online presence, and whose social media accounts are presumed to be true representations of the artist. Nobody is running what I would consider to be a robust system for verifying digital identities for signing NFTs.
- prepend 6y ago
  That’s interesting. I wonder if they are real purchases or just crypto purchases based on high growth, not necessarily high investment. I suppose since there’s no identity authority, if Twitter were to remove my account then I could just create somewhere else and repost my keys. Does this mean that artists are keeping wallets or private keys somewhere? Or are these identity keys only held by intermediaries? I guess we’ll get some stories how people get scammed out of their keys. I can see an attack to get the keys after an artist’s death and start cranking out and selling new NFTs until I get caught.

rjknight 6y ago

These are all really good questions. I'm not sure that there are equally good answers. Right now, it seems that people are taking things on trust, buying only from digital artists who have very active online presence, and whose social media accounts are presumed to be true representations of the artist. Nobody is running what I would consider to be a robust system for verifying digital identities for signing NFTs.

prepend 6y ago
That’s interesting. I wonder if they are real purchases or just crypto purchases based on high growth, not necessarily high investment. I suppose since there’s no identity authority, if Twitter were to remove my account then I could just create somewhere else and repost my keys. Does this mean that artists are keeping wallets or private keys somewhere? Or are these identity keys only held by intermediaries? I guess we’ll get some stories how people get scammed out of their keys. I can see an attack to get the keys after an artist’s death and start cranking out and selling new NFTs until I get caught.