Re:John Cleese Sells the Brooklyn Bridge as an NFT
by jjnoakes on Sunday March 21, 2021 @04:59PM
(#26533972)
In the case of hacks (someone gets the court's private key and signs fraudulent transfers), mistakes (bugs, human error, etc), and other such scenarios, there would still need to be some kind of title insurance and human oversight.
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Re:John Cleese Sells the Brooklyn Bridge as an NFT
by maxerickson on Sunday March 21, 2021 @05:14PM
(#26534143)
Right, even if you come up with a clean, secure way to publish attestations onto a blockchain, you've got a problem when they are transferred to an invalid or inaccessible destination.
That a title can be contested is actually a feature of the existing system, not simply a problem.