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Re:NFT's aren't the answer to the problems of digital art by iamacyborg on Tuesday November 09, 2021 @12:39PM (#29164684)
So if the artist loses access to their wallet they'll never be able to retrieve payments accrued?
Re:NFT's aren't the answer to the problems of digital art by wonderwonder on Tuesday November 09, 2021 @02:07PM (#29165973)
pretty much. You lose access to the wallet and don't have your private key backed up, then its gone. Most wallet providers bug you to back up your key seed and even test you to validate that you have.

Just like losing the key to an encrypted file.

Re:NFT's aren't the answer to the problems of digital art by Ensorceled on Wednesday November 10, 2021 @07:52AM (#29174095)
But totally unlike losing my bank card or forgetting my pin.