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May be a dumb question but how can we certify that the same asset doesn’t exist as two or more NFTs on different block chains. There are tons of them and each c
by sanmon3186 5y ago
May be a dumb question but how can we certify that the same asset doesn’t exist as two or more NFTs on different block chains. There are tons of them and each can have its own monalisa.
- meheleventyone 5y agoYou can’t even stop copies on the same chain AFAIK. It’s decentralised after all.
- a_f 5y agoI wonder if you could somehow flood the site with copies of the high value NFT images to drop the value?
- meheleventyone 5y agoThe markets right now are centralized platforms so you'll probably just get banned instead.
- SideburnsOfDoom 5y ago> how can we certify that the same asset doesn’t exist as two or more NFTs on different block chains You can't. But surely some wise guy is pitching a blockchain for that right now. It's actually worse, the same certificate could exist on multiple blockchains, and none of them guarantee approval by the original artist; all could be legally void certificates of nothing.
- deleted 5y ago[deleted]
- iamwil 5y agoIt's a good question. In practice, a project will publish the official contract address and the chain on their web page. Hence, it becomes a schelling point for users. It assumes that the project owners are in control of their servers and DNS. For users, there is then just one official contract, regardless of how many others are published and on different chains. As an aside, there is ENS, which people are starting to use to say they own a DNS domain https://docs.ens.domains/dns-registrar-guide https://docs.ens.domains/dns-registrar-guide. ENS itself is an NFT, so it's turtles all the way down.