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by capableweb 1910 days ago
> luckily NFTs are heavily centralised so it wont be difficult

Interestingly enough, most NFT would disagree with you as long as they are backed by content-addressable systems. What do you mean with that "NFTs are heavily centralized"? The metadata itself is stored on Ethereum or similar while the actual bytes of the media is stored in IPFS. How is that centralized?

1 comments

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 url he linked[1] and plug it to etherscan[2], then scroll down to "trumpVictoryIPFSHash", you can see that the NFT is actually referencing the IPFS hash directly, and not the internet facing url. You can confirm this by plugging that value into an IFPS gateway[3]

[1] https://niftygateway.com/itemdetail/primary/0x12f28e2106ce8f...

[2] https://etherscan.io/address/0x12f28e2106ce8fd8464885b80ea86...

[3] https://ipfs.io/ipfs/QmTu6rr8o8CwbWDf2AbP13gdLFQKbqk1xaHZhFm...

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.

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