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Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by robrorcroptrer on Saturday February 12, 2022 @07:43AM (#30312324)
How much does it cost to store the actual asset only within the actual blockchain, for the most popular chains?
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by hobo_mark on Saturday February 12, 2022 @08:13AM (#30312537)
Did not do the math myself, but apparently:

https://twitter.com/dominic_w/status/1490349135249035264

"Cost of storing 1 phone photo (3.3MB) on the blockchain"

ICP 1.6 cents - Solana ~$2,500 - Ethereum ~$1M

Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by ramchip on Saturday February 12, 2022 @08:27AM (#30312639)
ICP looks pretty dodgy from some quick googling. The number might still be true, I have no idea...

https://www.reddit.com/r/CryptoCurrency/comments/pg3nuf/was_...

Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by Lapsa on Saturday February 12, 2022 @08:27AM (#30312640)
i see pee is actually good at something?
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by tromp on Saturday February 12, 2022 @08:14AM (#30312541)
On the order of $1 per KB for Bitcoin IF it allowed transactions to embed arbitrary data, which it doesn't. Spreading bits of data over many transactions is MUCH more expensive.
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by seba_dos1 on Saturday February 12, 2022 @08:21AM (#30312599)
A fortune. Plus once it's on a public blockchain, everyone can copy it, so not sure what does "only" mean in your question.
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by numpad0 on Saturday February 12, 2022 @08:30AM (#30312664)
I've heard lots of NFTs are just links to links that starts with "https://s3.us-east-1". It makes some sense to make it any ways but not like that.
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by ushakov on Saturday February 12, 2022 @08:41AM (#30312741)
nah, nowadays they use IPFS
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by swiftcoder on Saturday February 12, 2022 @08:57AM (#30312837)
IPFS itself is often just a transient cache of S3 - someone has to host the content somewhere to "pin" it to the IPFS network, that somewhere is often S3.
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by michaelt on Saturday February 12, 2022 @08:49AM (#30312789)
The ability to store actual assets on the immutable public blockchain probably isn't a very desirable feature, lest some joker uploads something illegal.