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Moxie Marlinspike had a good take on this, specifically about NFTs being a blockchain with a web link to the “asset”. Whoever controls the server (or DNS) contr
by yeetaccount4 5y ago
Moxie Marlinspike had a good take on this, specifically about NFTs being a blockchain with a web link to the “asset”. Whoever controls the server (or DNS) controls the “asset”. If I was to seriously entertain the notion of NFTs I’d at least want my token to be a hash of the “asset” in question (or hashes, computed with differing algos, in case of collisions). Anything else is a non starter. We’re one hilarious hack away from some $50m NFT being turned into a collage of dicks.
- babyshake 5y agoI might be wrong but I believe if the NFT metadata links to a protocol like IPFS and the NFT contract does not allow the metadata URL to be updated, it is not possible for the link or linked content to be altered.
- exit 5y ago"NFT" by itself doesn't tell you enough to know how the metadata is constrained. NFTs pointing to regular URLs are just particular examples of terrible usage.