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Smart contracts can and do limit the amount which can be minted. And fraud exists everywhere, regardless of institutional controls - this is where community mat
by neuralzen 5y ago
Smart contracts can and do limit the amount which can be minted. And fraud exists everywhere, regardless of institutional controls - this is where community matters.
- Igelau 5y agoFunny how community came up in the article as one of the ways NFT is really just MLM...
- neuralzen 5y agoCommunity comes up in every facet of life...what's your point here?
- extr 5y agoBut you can just make a new smart contract that does the same thing, no? Smart contracts themselves can just be copied. And saying that the "community" will take care of the fraud issue - isn't this a step backwards?
- neuralzen 5y agoSure, but it has a different address...there is no possibility of confusion. Something from the 1950s is not going to be confused with something from the 1980s, especially with a blockchain timestamp.