2 ms·
> Except, would you trust a notary public in, say, Sudan? How can I trust an NFT? I don't know if the person minting it was the true owner, or just someone upl
by matsemann 5y ago
> Except, would you trust a notary public in, say, Sudan?
How can I trust an NFT? I don't know if the person minting it was the true owner, or just someone uploading stolen content. I don't know what the URL used to point to or if the content has changed. It's basically useless without something external verifying it.
- thebean11 5y agoYou're right that you do have to verify it's origin, but the benefit is that you only have to verify it once, then the entire chain of custody can be derived. With a piece of physical art, the original creator cannot just give you an identifier that allows you to, with 100% certainty, check authenticity. You need expensive, manual, and fallible inspection of the physical object.