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Very well raised points! Having a cryptographer taking up this topic has become a rarity, and that says something. I have not delved into the NFT world much, a
by sriku 5y ago
Very well raised points!
Having a cryptographer taking up this topic has become a rarity, and that says something. I have not delved into the NFT world much, although I am quite familiar with blockchains and smart contracts. I've argued with more knowledgeable colleagues and friends that there is not much meaning in "owning" the hash of a piece of art for various reasons - a) you don't possess the art and are the mercy of systems which you need to do anything with it, b) someone can make an imperceptible modification to the art and invalidate the hash while retaining full artistic value except perhaps as a pedantic statement ... and then some.
What baffled me is that the accepted protocol for NFTs currently just requires a URL, any URL! ... with no hash validation! How did the blockchain world get here? Well, perhaps a IPFS URL would be "best practice", but it is shocking that currently any URL with no content validation goes! It should be impossible to mint an NFT for a URL with no content validation.