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> No one claims NFT proves ownership of entities outside of the used blockchain. But within the chosen blockchain, they do prove ownership of that particular NF
by zp333 5y ago
> No one claims NFT proves ownership of entities outside of the used blockchain. But within the chosen blockchain, they do prove ownership of that particular NFT. That's a fact.
what if i steal your private key? what if i upload a different NFT smart contract that gives me an NFT of the same image you have?
- tantalor 5y agoIf you steal the key then you own it. That's what "owning it" means; you have the key.
- capableweb 5y ago> what if i steal your private key? As another commentator said, the key demonstrates the ownership so you're the owner now. Sometimes that's a bad thing indeed, but blockchains are very unforgiving at their core protocols. > what if i upload a different NFT smart contract that gives me an NFT of the same image you have? First off, images have nothing to do with NFTs and vice-versa. Yes, some NFTs links to images but those are uninteresting and hype-driven (or I don't understand it). Once a NFT has been created, you cannot replicate it as it's a single instance of a token (hence the name "non-fungible").