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All you need to know about OpenSea and NFT buying/selling can be found here -> https://twitter.com/nfttheft https://twitter.com/nfttheft While the concept is a
by gabea 5y ago
All you need to know about OpenSea and NFT buying/selling can be found here -> https://twitter.com/nfttheft https://twitter.com/nfttheft
While the concept is alluring, "own a digital good", the reality is that you still need some authentication mechanism to prove someone has the right to sell the digital good in the first place. This means centralization. I am fascinated that people lack the ability to scrutinize this appropriately.
- mritchie712 5y agoOpenSea operates on top of Ethereum (for most transactions). The "authentication" is done thru Ethereum.