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by dustintrex 1658 days ago
But how exactly do they "prove they created it"? The art itself is not stored in the blockchain, just a pointer to it (NFT), which means anybody can create that pointer.

This is exactly the same fundamental oracle problem as that discussed in the article: trustlessness etc applies only within the sandbox, not to anything outside it.

2 comments

The author could share their public key. It's awkward today, but I suspect services will arise to make signing and verification of NFTs more user-friendly for artists and fans alike.
If you want an endless supply of examples of these scams, just follow https://twitter.com/NFTtheft