4 ms·
That's kind of off topic, but here's a great explanation of NFTs: https://onezero.medium.com/nfts-arent-as-stupid-as-you-think-bffab89697e3 https://onezero.medi
by knorker 4y ago
That's kind of off topic, but here's a great explanation of NFTs: https://onezero.medium.com/nfts-arent-as-stupid-as-you-think-bffab89697e3 https://onezero.medium.com/nfts-arent-as-stupid-as-you-think...
Edit: to answer your question, NFTs expressed in traditional speak would be this: An exclusive transferable license to claim that you are the current holder of a string of bytes loosely associated with a work of art. No copyright is assigned to you, and you get no other rights either, such as rights to duplicate, re-license, or create derivative works.
- ogogmad 4y agoExactly, and what if you forget or lose this string of bytes? Or what if someone finds it, and transfers ownership to himself? It's impossible to get it redeemed because of how the technology works. No court on Earth would - or even should - recognise something like this.
- WalterBright 4y agoWhat I thought. They are stupid.