11 ms·
AFAIK it is often perfectly possible to actually encode image data on-chain, it is just much more expensive (and much less common as a result)
by thrwy_918 3y ago
AFAIK it is often perfectly possible to actually encode image data on-chain, it is just much more expensive (and much less common as a result)
- TaylorAlexander 3y agoPerhaps but the standard NFT is a URL encoded in the chain. Yes this is as absurd as it sounds.
- wyldfire 3y agoIt seems to me that cryptocoin adjacent things somehow attract well meaning people who just don't understand what parts of the technology are critical to its functionality. Maybe they understand one use case for a signature but don't really understand what signature is and more importantly what it isn't. And sadly enough - several cryptocoins themselves are also this way. I used to think cryptocoins were truly revolutionary. But the tech space is so rife with abuse, theft, scams that it doesn't feel worth it.
- astrange 3y agoPeople get upset when you do this because storing data on-chain is, possibly, infinitely expensive, since you can never get rid of it.
- thrwy_918 3y ago>since you can never get rid of it if you're an actual believer in NFTs, isn't that kind of the point?