@HalvarFlake sorry to bother you, but I recall you poking some fun at NFTs and OpenSea, but I don’t remember where that was. Do I ring a bell maybe?
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Jochen Zilske (jzilske@mastodon.social)'s status on Sunday, 07-Jul-2024 03:51:20 JST Jochen Zilske -
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feld (feld@bikeshed.party)'s status on Sunday, 07-Jul-2024 03:51:17 JST feld @jzilske @HalvarFlake The metadata compromising the contents of most NFTs is stored in a JSON-file off chain on a web server that the contract author or at least the entity minting the NFT onto the chain controls. So that data can change at any time. On-chain is only a token Sick Sun likes this. -
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HalvarFlake (halvarflake@mastodon.social)'s status on Sunday, 07-Jul-2024 03:51:19 JST HalvarFlake @jzilske Not sure if it was fun or just gall? :) I was never a big fan. I did make statements about that entire field being wedded to deriving value from scarcity, and that I think the key to both individual happyness *and* a better world is the advice to "work on abundance, not on scarcity"
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Jochen Zilske (jzilske@mastodon.social)'s status on Sunday, 07-Jul-2024 03:51:19 JST Jochen Zilske @HalvarFlake right, but wasn’t there something about being able to arbitrarily modify what an NFT points to or something along those lines?
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Sick Sun (sun@shitposter.world)'s status on Sunday, 07-Jul-2024 03:54:45 JST Sick Sun @feld @HalvarFlake @jzilske OpenSea NFTs specifically have a function to "freeze" the metadata URL so it can't be changed on-chain again by anyone. Of course the URL, if it is not an IPFS URL, the file itself can still be changed by the person hosting the file, as you mention. -
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Sick Sun (sun@shitposter.world)'s status on Sunday, 07-Jul-2024 03:56:34 JST Sick Sun @feld @HalvarFlake @jzilske (there are a significant minority of NFTs where the entire metadata and image are stored on-chain immutably.)
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