If NFTs have any value it's in making a mockery of the concept of ownership.
I am trying to make sense of what NFTs are
https://www.forbes.com/advisor/investing/nft-non-fungible-token/
suggests it is way to own digital assets,
If I take a photo I own it anyway surely only it seems this is a way to digitally like that photo to me, to prove ownership, this is done digitally.
Other than that,I am guessing there are ways to stop someone just copying that digital asset and removing the digital signature.
it seems this is a way to digitally like that photo to me, to prove ownership, this is done digitally
Reddit gold, now with blockchain.@clacke @Noelle808 why can't i create a digital signature and then use steganography to insert in to the image file.
I a not that technical on this but I know stenography allows text to be hidden in photos for example so is this a way to help identify a photo.
Or some sort of digital signature
Just an idea it seems NFT may not be for everyone but there has to be alternatives
What happens if that single source vanishes or something happens to the so they can no longer carry on with their work or they decide to charge $1000 for their sservices
But why would they do that when a non-global, non-cryptographic ledger in whiteboard markers on the fridge is cheaper and easier to use? Either way they still need to trust and enforce that people follow the rules.
It's like the social convention that if you have a paper registered at the property office you have the right to your house, with the difference that nobody cares because anyone can make up an NFT and claim that it means something.