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A comment on Web3 is centralized and inefficient. Parent comment

Re:Web3 is centralized and inefficient by mmaunder on Wednesday March 23, 2022 @02:48AM (#30775689)
Interesting point from the same source:

> For example, OpenSea serves most of the NFTs they mint over HTTP. If the OpenSea ever collapses, ~8% of NFTs vanish.

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Re:Web3 is centralized and inefficient by cbovis on Wednesday March 23, 2022 @03:06AM (#30775801)
The NFTs will still exist and be tradeable outside of OpenSea even if OpenSea itself disappears because they live within a smart contract.
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Re:Web3 is centralized and inefficient by tpxl on Wednesday March 23, 2022 @03:15AM (#30775862)
They will point to nothing and hence (hopefully) be worthless
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Re:Web3 is centralized and inefficient by testesttest on Wednesday March 23, 2022 @10:35AM (#30778852)
Yep, exactly. Opensea hosts most of their minted NFTs on HTTP.
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Re:Web3 is centralized and inefficient by testesttest on Wednesday March 23, 2022 @10:30AM (#30778798)
Open seas contract code is not open AFAIK (binary is obviously available but I have not seen source other than decompile) Many contracts can be updated by leveraging proxy contracts. They can delete your nft if you mint with their contact.
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