• Omega_Haxors@lemmy.ml
    link
    fedilink
    arrow-up
    11
    arrow-down
    1
    ·
    edit-2
    8 months ago

    They’re not even pictures. They’re hyperlinks to pictures that may or may not even be there.

    Famously, it’s uncommon that your “NFT” ends up hyperlinking to a picture of a rug because the people running it know it’s a scam.

    • Flumsy@feddit.de
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      8 months ago

      They are actually not hyperlinks, more like certificares of ownership over a picture (or a “token”, as the name suggests)

      • GoodEye8@lemm.ee
        link
        fedilink
        English
        arrow-up
        1
        ·
        8 months ago

        It’s very expensive to add the actual image picture into the blockchain, so most NFTs actually contain a hyperlink and the NFT owner “owns” (because to my knowledge there’s no legal base to assert ownership) only that hyperlink within their token, not the image itself.

        • Flumsy@feddit.de
          link
          fedilink
          arrow-up
          1
          ·
          8 months ago

          Thats true but they also usually contain things like the pictures hash so as long as you have the file you can always claim it (even if the hyperlink becane invalid).

          • GoodEye8@lemm.ee
            link
            fedilink
            English
            arrow-up
            1
            ·
            8 months ago

            Pretty much any kind of data related to the image is useless for verifying the actual image. For instance saving the exact same image with a different compression algorithm will make a new hash.

        • Flumsy@feddit.de
          link
          fedilink
          arrow-up
          1
          arrow-down
          1
          ·
          8 months ago

          Oh yes, generalizing. At least you didnt write any racist jokes (yet)…