3 ms·
But when I make a second NFT based on the same image, it has those same properties. It still can be traced back to the same image. If NFTs are meant to establ
by MereInterest 5y ago
But when I make a second NFT based on the same image, it has those same properties. It still can be traced back to the same image. If NFTs are meant to establish ownership over some asset, there is nothing that connects the NFT to the asset itself.
- sumtechguy 5y agoTo be fair there is also nothing that really connects this piece of paper which is the title of my car to my car. This application of blockchain seems to be only creating a chain of ownership. Which we already sort of have now with many things. It does not seem to bring many better properties with it other than one I can think of. That property is that it makes it harder to forge ownership. The weird thing is coming from people creating NFT's for things that are basically not worth tracking who owns it. Then others buying that thing at a wildly overinflated price (which many digital easily copied goods fall into).