|
|
|
|
|
by thephyber
1686 days ago
|
|
The NFT is a pointer to content (pointed by a URL). If the underlying content at that URL changes, the assumptions about the original NFT minting / first transaction change. Bundling a cryptographic hash with the original NFT assertion of content accurately describes the content the NFT was intended to be minted for. Example analogy: an NFT is like a receipt for a baseball card signed by a player. If the NFT is minted when the URL to the content points to a baseball card for Player A (popular player rookie card), but someone hijacks the domain or the URL and changes the content of that URL to Player B (no-name player who only lasted half a season in the pro league), that hijacker has performed a misrepresentation/fraud. The hash doesn't prevent the content swap, but it provides assurance that the content still matches the original intent of the NFT minting. |
|
As a buyer I would want that one less. In the fraud case adding the hash damages only me.