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Because then it’s not on the blockchain. Yes, I could sell you a txt record, saying you own this hash, which represents a jpg, but then it’s not blockchain. Ho
by asimpletune 6y ago
Because then it’s not on the blockchain. Yes, I could sell you a txt record, saying you own this hash, which represents a jpg, but then it’s not blockchain.
Honestly, I don’t know.
Maybe it’s because the blockchain is immutable? Like, I could change that txt record because I’m evil or something. That makes sense to me, in terms of technology.
- miracle2k 6y agoSomeone is trying it your way: https://signed.work/ https://signed.work/ The problem is that these signatures cannot be traded anymore, since no one is tracking who owns which editions. I can sell my signature to you, and then sell it to someone else tomorrow. The artist intended to mint 100 "prints", but suddenly 1000 people claim to own one.
- rusk 6y agoNo but the point is, when you’re talking about physical artefacts you can in theory issue as many tokens as you like ... it’s still down to a central authority to certify.