News for hackers. Stuff that matters.
Re:NFT projects are just MLMs for tech elites by darcys22 on Friday October 01, 2021 @01:17AM (#28714860)
Twitter is building exactly that apparently, you would get an ethereum checkmark next to your profile pic if that image is verified.

There is definitely discussion happening on exactly your point, but i imagine there are options to combat the fake NFTs given that you can't fake a signature from a known public key.

Given that there are so many NFT projects I speculate that the twitter verification will only happen for a small subset though.

Re:NFT projects are just MLMs for tech elites by larsiusprime on Friday October 01, 2021 @01:48AM (#28715070)
So we’re trusting a centralized service, cool.
Re:NFT projects are just MLMs for tech elites by meheleventyone on Friday October 01, 2021 @03:21AM (#28715608)
Not just that but anyone can mint a copy of the picture the NFT points to and have their own verified version.
Re:NFT projects are just MLMs for tech elites by mathdroid on Friday October 01, 2021 @03:08AM (#28715540)
I mean everyone can verify the ownership too since it's on the public blockchain?
Re:NFT projects are just MLMs for tech elites by meheleventyone on Friday October 01, 2021 @03:22AM (#28715616)
Right but who verifies that the particular NFT is the original one that has all the feel good magic and not a copy someone else minted?
Re:NFT projects are just MLMs for tech elites by Igelau on Friday October 01, 2021 @03:53AM (#28715793)
It's almost like Twitter is doing a great public service by building exactly what's needed to show that this is, in fact, bullshit.
Re:NFT projects are just MLMs for tech elites by meheleventyone on Friday October 01, 2021 @04:06AM (#28715864)
Similarly all the crypto metaverse projects although they're not as mainstream suffer this problem. There's a reason Will Wright's new "NFT" game runs its own chain.
Re:NFT projects are just MLMs for tech elites by mathdroid on Friday October 01, 2021 @02:00PM (#28721613)
You can see which collection an NFT belongs to, their contract addresses, and transaction history. This is a non-problem. I'm sure it will be visible in Twitter's implementation too