Custoslibera@lemmy.world to Memes@lemmy.ml · 2 years agoI value this meme at eleventy billion and won't take a cent lesslemmy.worldimagemessage-square67fedilinkarrow-up1659arrow-down132
arrow-up1627arrow-down1imageI value this meme at eleventy billion and won't take a cent lesslemmy.worldCustoslibera@lemmy.world to Memes@lemmy.ml · 2 years agomessage-square67fedilink
minus-squareworkerONE@lemmy.worldlinkfedilinkarrow-up16arrow-down1·edit-22 years agoI was pretty shocked when I found out that NFT pictures aren’t even stored in the block chain. NFTs are just records on the block chain with links to images stored on ordinary servers.
minus-squaresmollittlefrog@lemdro.idlinkfedilinkEnglisharrow-up4arrow-down1·2 years agoThere are now Bitcoin Ordinals, which are similar to NFTs but with a sufficient size limit to actually store the media itself.
minus-squareNightAuthor@lemmy.worldlinkfedilinkEnglisharrow-up6·2 years agoI’m pretty sure you could always store a full image in an NFT on ethereum, it’d just cost stupid high transaction fees.
minus-squarenova_ad_vitum@lemmy.calinkfedilinkarrow-up3·2 years agoInteresting, but the scarcity this is trying to manufacture still doesn’t apply to the image itself which can be easily and endlessly copied.
I was pretty shocked when I found out that NFT pictures aren’t even stored in the block chain. NFTs are just records on the block chain with links to images stored on ordinary servers.
There are now Bitcoin Ordinals, which are similar to NFTs but with a sufficient size limit to actually store the media itself.
I’m pretty sure you could always store a full image in an NFT on ethereum, it’d just cost stupid high transaction fees.
Interesting, but the scarcity this is trying to manufacture still doesn’t apply to the image itself which can be easily and endlessly copied.