OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#1

Post by fulldecent2 » Mon, Nov 07, 2022, 4:18 PM UTC

OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
blog.phor.net

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#2

Post by gerikson » Mon, Nov 07, 2022, 4:41 PM UTC

No post body was provided.

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#3

Post by mirashii » Mon, Nov 07, 2022, 4:44 PM UTC

gerikson wrote: post #2

Quoted post unavailable.

I agree that the title is editorialized, but calling it FUD seems a bit dismissive. From the intro to the article:

>This project demonstrates how OpenSea administrators can take any tokens minted on the OpenSea Shared Storefront. This is a previously-undocumented backdoor.

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#4

Post by sroussey » Mon, Nov 07, 2022, 4:45 PM UTC

gerikson wrote: post #2

Quoted post unavailable.

Well, immediately after they say yes, so it actually seems a little (not much) less clickbait.

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#5

Post by rank0 » Mon, Nov 07, 2022, 4:48 PM UTC

gerikson wrote: post #2

Quoted post unavailable.

Did you read the article?

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#6

Post by Herbstluft » Mon, Nov 07, 2022, 4:55 PM UTC

gerikson wrote: post #2

Quoted post unavailable.

Please read things before you accuse.

To quote the beginning of the post:

This project demonstrates how OpenSea administrators can take any tokens minted on the OpenSea Shared Storefront. This is a previously-undocumented backdoor.

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#7

Post by PestoDiRucola » Mon, Nov 07, 2022, 4:56 PM UTC

No post body was provided.

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#8

Post by dwohnitmok » Mon, Nov 07, 2022, 4:58 PM UTC

mirashii wrote: post #3

gerikson wrote: post #2

Quoted post unavailable.

I agree that the title is editorialized, but calling it FUD seems a bit dismissive. From the intro to the article: >This project demonstrates how OpenSea administrators can take any tokens minted on the OpenSea Shared Storefront. This is a previously-undocumented backdoor.

Fun violation of Betteridge's law.

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#9

Post by nithayakumar » Mon, Nov 07, 2022, 4:59 PM UTC

PestoDiRucola wrote: post #7

Quoted post unavailable.

No but even if true, being stupid doesn't mean they should get scammed

Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront

#10

Post by chrisco255 » Mon, Nov 07, 2022, 5:02 PM UTC

The Shared Storefront is OpenSea's proprietary NFT contract that artists can use to create for free on. OpenSea will allow you to create NFTs for free using their centralized servers as a temporary backend and they only get minted on-chain if they sell. It's understood that the Shared Storefront is controlled by OpenSea. While it's a nice feature for beginner artists it is also frequently abused by scams and copyright violators and unoriginal dupes. High quality NFTs issue their own contracts and open source the code.

I think they should open source the code for the contract and be transparent about it, but it's not surprising they maintain control over it.