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you missed the part where the parent asked 'who is the authority' if there are 20 NFT chains, and 10 of them assign ownership to A, and 5 of them assign it to
by convolvatron 5y ago
you missed the part where the parent asked 'who is the authority'
if there are 20 NFT chains, and 10 of them assign ownership to A, and 5 of them assign it to B and the other 5 don't assign it at all - what can we say anymore about the ownership?
all of this public ledger stuff might make more sense if, unlike as is customary, there is a single authoritative chain instead of a 'marketplace' of chains.
- cslarson 5y agoit's up to the nft originator to assign ownership in just one jurisdiction. if they create and sell multiple nfts in different venues, but for the same item, then i imagine that would damage their reputation and the value of their prior and future items. the chain itself does not assign ownership independent of the nft originator. with art i think nfts do function very much like certificates of provenance. game items are different in that the community of players, or the company hosting/developing, indicates the proper database source (chain).