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> If OpenSea deletes your account, another app will happily connect to your wallet and let you continue where you left off. Or not, because they all use the Op

by Nursie 5y ago

> If OpenSea deletes your account, another app will happily connect to your wallet and let you continue where you left off. Or not, because they all use the OpenSea API instead of bothering with the blockchain.

TobyTheDog123 5y ago
Maybe OpenSea is a bad example (NFTs are something I really don't understand) ;) A better example might be a DEX like Uniswap. Uniswap goes-down/bans-you/whatever? Use PancakeSwap or 1Inch or Futureswap or some other equally-ridiculously-named service. They all connect to the wallet that you own and cant be taken away from you.
- everfree 5y ago
  If the Uniswap website goes down, you don't even have to switch services. You can just pick a different frontend for the Uniswap contract. In fact, 1Inch uses the Uniswap contract to fulfill some of its trades. The trick is that the Uniswap API/service itself, the smart contract, cannot go down unless the entire Ethereum network itself is down.
sohailk 5y ago
Alchemy has a NFT indexer api as well. I also know of at least two other offerings that will launch very soon. Additionally, you can interact w the Opensea contracts without a UI.
resonious 5y ago
This is a good example of a problem that's common to most web technology: the people using the tech have absolutely no clue how it works and have no way to confirm any of it. It's like when I give my credit card info to PayPal. There's a picture of a lock on the bottom of the page, so probably safe, right? I'm on OpenSea and it says the NFTs are "decentralized" and that I have absolute ownership if I buy one. So how come people can still right-click-save-as when I post the image on Twitter? The tech is solid. There really are NFTs and they cannot be stolen etc etc (barring bugs and phishing of course!). It's just that there's no way for a layperson to confirm any of that. People are just as likely to use some random Django+Postgres app than they are a real blockchain system because they're indistinguishable as long as everything's going smoothly.

by Nursie 5y ago

TobyTheDog123 5y ago

Maybe OpenSea is a bad example (NFTs are something I really don't understand) ;) A better example might be a DEX like Uniswap. Uniswap goes-down/bans-you/whatever? Use PancakeSwap or 1Inch or Futureswap or some other equally-ridiculously-named service. They all connect to the wallet that you own and cant be taken away from you.

everfree 5y ago
If the Uniswap website goes down, you don't even have to switch services. You can just pick a different frontend for the Uniswap contract. In fact, 1Inch uses the Uniswap contract to fulfill some of its trades. The trick is that the Uniswap API/service itself, the smart contract, cannot go down unless the entire Ethereum network itself is down.

sohailk 5y ago

Alchemy has a NFT indexer api as well. I also know of at least two other offerings that will launch very soon. Additionally, you can interact w the Opensea contracts without a UI.

resonious 5y ago

This is a good example of a problem that's common to most web technology: the people using the tech have absolutely no clue how it works and have no way to confirm any of it. It's like when I give my credit card info to PayPal. There's a picture of a lock on the bottom of the page, so probably safe, right? I'm on OpenSea and it says the NFTs are "decentralized" and that I have absolute ownership if I buy one. So how come people can still right-click-save-as when I post the image on Twitter? The tech is solid. There really are NFTs and they cannot be stolen etc etc (barring bugs and phishing of course!). It's just that there's no way for a layperson to confirm any of that. People are just as likely to use some random Django+Postgres app than they are a real blockchain system because they're indistinguishable as long as everything's going smoothly.