Re:NFT's aren't the answer to the problems of digital art
by max47 on Sunday November 14, 2021 @04:25PM
(#29220874)
what you are describing just proves that the blockchain adds absolutely no value to the art. You still have to rely on a piece of paper on which someone pinky swears they are the original owner. The blockchain doesn't make it more secure in any shape or form and you would have absolutely no way of knowing the picture I'm selling as an NFT was taken/created by me or stolen from reddit.
Regardless, if you get the current verifiable statements signed by a trusted entity every now and then, you should be able to verify the trust chain, no?
Before the old keys expires you get someone to verify and sign with a new key, rinse repeat?