5 ms·
The university can shut down, suffer data loss or get hacked. Decentralized storage is an improvement. No sense in diplomas being transferable though.
by Kinrany 5y ago
The university can shut down, suffer data loss or get hacked. Decentralized storage is an improvement.
No sense in diplomas being transferable though.
- scotty79 5y agoIs it the time to invent NTTs? Non-transferable tokens?
- TylerE 5y agoExcept NFT storage is actually highly centralized? What happens if OpenSea shuts down?
- che_shirecat 5y agoanother market pops up. opensea is just reading on-chain data, just like everyone else.
- TylerE 5y agoExcept it isn’t. The actual Jorge are hosted on open sea. No one actually stores the “product” on chain because it would be prohibitively expensive for anything pastba few bytes.
- meheleventyone 5y agoNo need for a blockchain though. The University can just key-sign the diploma. Then the user can choose to keep it wherever they like.