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NFT the DP

nftthedp.com

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Re: NFT the DP

#31

Post by gruez »

beaner wrote: post #28
asciimo wrote: post #27

Earlier quoted context omitted.

The Interplanetary File System is a decentralized solution. https://docs.ipfs.io/how-to/mint-nfts-with-ipfs/#mint-an-nft...

True, but my comment that the image isn't on the blockchain is still accurate. IPFS is not a blockchain and content can be changed.

Doesn't IPFS use content-addressing? In other words, the url of a file is the hash, so the contents can't be changed.

Re: NFT the DP

#32

Post by godot »

All grossness and legality aside, as someone who didn't know much about NFT or the minting/selling process, this was surprisingly the easiest to understand guide about it I've seen anywhere, in plain English that most people could understand.

Re: NFT the DP

#33

Post by asciimo »

gruez wrote: post #20
Qworg wrote: post #11

Earlier quoted context omitted.

Who is pinning it? https://twitter.com/jonty/status/1372163423446917122?s=19

Some digging shows that tweet is totally misinformed. He seems to think that because niftygateway's json response returns an internet-facing url, that the underlying NFT must also be referencing an internet-facing url (as opposed to an IPFS url/hash). This is incorrect. The URL he's seeing in the API response is simply a IPFS proxy service offered by the NFT website. If you extract the identifier of the NFT from the…

TIL that NFT would have been different if Trump had won.

Re: NFT the DP

#34

Post by heckerhut »

gruez wrote: post #31
beaner wrote: post #28

Earlier quoted context omitted.

True, but my comment that the image isn't on the blockchain is still accurate. IPFS is not a blockchain and content can be changed.

Doesn't IPFS use content-addressing? In other words, the url of a file is the hash, so the contents can't be changed.

correct

Re: NFT the DP

#35

Post by heckerhut »

gruez wrote: post #15
tfang17 wrote: post #13

NFTs are following the same trend as 2017 ICOs. Bubble is going to pop at some point. The survivors will be the projects with real long-term value.

what's the "real long-term value" of a NFT? At least with ICOs you can say that the tokens could be used for something.

People building real infrastructure with dumb money. If you cannot see what that would be in case of NFTs that’s okay. Other people do.

Re: NFT the DP

#36

Post by Qworg »

gruez wrote: post #20
Qworg wrote: post #11

Earlier quoted context omitted.

Who is pinning it? https://twitter.com/jonty/status/1372163423446917122?s=19

Some digging shows that tweet is totally misinformed. He seems to think that because niftygateway's json response returns an internet-facing url, that the underlying NFT must also be referencing an internet-facing url (as opposed to an IPFS url/hash). This is incorrect. The URL he's seeing in the API response is simply a IPFS proxy service offered by the NFT website. If you extract the identifier of the NFT from the…

The responses to that thread go into more detail, but I'll ask the more direct and pertinent question:

IPFS requires someone to pin the data - who will be doing that going forward? The platform? The artist? The owner? Thus far, it isn't anyone's responsibility to make sure the IPFS hash returns.

Re: NFT the DP

#37

Post by beaner »

gruez wrote: post #31
beaner wrote: post #28

Earlier quoted context omitted.

True, but my comment that the image isn't on the blockchain is still accurate. IPFS is not a blockchain and content can be changed.

Doesn't IPFS use content-addressing? In other words, the url of a file is the hash, so the contents can't be changed.

Can it not be removed by the original uploader, or anyone else to acquire their credentials?
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