News for hackers. Stuff that matters.
Re:An NFT without a blockchain by vizzah on Saturday December 18, 2021 @07:40PM (#29610250)
The published records on the chain proves that you own #1186 ape or kitten or whatever. It doesn't even prove the hash of the picture or any other property of the image. Look at Opensea.io - NFTs for sale there are just numbers in the contracts of their issuers. These numbers correspond to images uploaded to the marketplace in the marked order. A hacker can swap images at the marketplace and suddenly the ape you own is no longer cool and top. But you still own #1186 token on the blockchain, it's just what it's pointing to is different now. This is such an unbelievable stupidity, if you don't want to use word "scam".

There are no comments on this comment yet.