Re:Why NFT Collectibles Are Overhyped
by rfd4sgmk8u on Friday March 12, 2021 @09:58AM
(#26436465)
Any eth*/web3 wallet that supports NFT's (and thus supports arbitrary 'web sourced' transactions, such as the approve() message and the transfer() methods) supports signing messages. eg: metamask. This is a non issue for the NFT holders.
The https://github.com/walletlink/walletlink standard appears to be what a lot of 'stand alone' type wallets are using for this compatibility.
If the client doesn't support arbitrary transactions (eg: it is a 'receive and spend ether' only type wallet), its probably not interacting with NFT contracts in the first place.
Re:Why NFT Collectibles Are Overhyped
by superbaconman on Friday March 12, 2021 @07:59PM
(#26442897)
I still don't understand. My coinbase wallet has collectables, but no way to prove ownership of the collectable. If I can't take a challenge from anyone a spit out a signed response without downloading/installing additional software it kinda defeats the whole purpose no?
> If someone sells an nft claiming ownership of someone else's intellectual property
NFTs don't transfer ownership though. This isn't like theft. You're basically making a certificate of authenticity and selling just the certificate. I don't have any idea how courts would interpret that.
The biggest issue I see is that many wallets don't allow users to sign messages, which is required to prove ownership of an nft.