zlacker

[parent] [thread] 11 comments
1. armcha+(OP)[view] [source] 2022-01-20 20:29:59
What stops people from putting a screenshot of the NFT as their profile picture?
replies(4): >>Hamuko+v2 >>mdoms+r3 >>dmarco+of >>remram+3X2
◧
2. Hamuko+v2[view] [source] 2022-01-20 20:38:26
>>armcha+(OP)
Hopefully their dignity.
replies(1): >>redner+ve
◧
3. mdoms+r3[view] [source] 2022-01-20 20:42:15
>>armcha+(OP)
They're hexagonal in shape so I guess it wouldn't be possible to make it look right on all colour schemes.
replies(1): >>ehsank+2w
◧◩
4. redner+ve[view] [source] [discussion] 2022-01-20 21:26:44
>>Hamuko+v2
Why is it dignified?
replies(1): >>Hamuko+Og2
◧
5. dmarco+of[view] [source] 2022-01-20 21:29:59
>>armcha+(OP)
On Twitter, NFTs show as an hexagon and you can find the provenance on the user profile (collection, associated contract…)

One can indeed copy the art and re-mint a new NFT but a single click on the user profile will reveal it’s not the authentic one.

e.g:

Click / Tap on the profile picture to see NFT provenance info

https://twitter.com/jrartspace_nft

replies(1): >>rasz+dK
◧◩
6. ehsank+2w[view] [source] [discussion] 2022-01-20 22:43:58
>>mdoms+r3
You could copy the jpg and mint yourself an NFT with it. It wouldn't have the same provenance, so obviously people could manually check, but it would probably fool the majority of people on Twitter.
◧◩
7. rasz+dK[view] [source] [discussion] 2022-01-21 00:02:11
>>dmarco+of
>will reveal it’s not the authentic one

you think there is a central authority deciding authenticity?

replies(2): >>creato+US >>dmarco+qT
◧◩◪
8. creato+US[view] [source] [discussion] 2022-01-21 01:00:39
>>rasz+dK
There is! Even though crypto is supposed to be decentralized, OpenSeas has taken up the task of marking fraudulent/fake NFTs on their website. They are usually still purchasable on the blockchain, but the websites through which you view the NFTs show it as suspicious, stolen, or fraudulent.

Makes you wonder if they should have just used a centralized ledger in the first place if this was going to be how things are run.

replies(1): >>dmarco+XT
◧◩◪
9. dmarco+qT[view] [source] [discussion] 2022-01-21 01:04:02
>>rasz+dK
You can see the wallet that setup the smart contract, when it happened, and also see all the transaction history of NFTs in the collection.

That’s one of the advantages of a public ledger. Anyone can run the forensics. No need of a central authority.

◧◩◪◨
10. dmarco+XT[view] [source] [discussion] 2022-01-21 01:08:56
>>creato+US
Opensea indeed helps reduce the noise but you can also do it yourself. If you show me a fake BAYC NFT(Bored Ape Yacht Club) I can tell you if it’s authentic just by looking at the blockchain (smart contract address and transaction history for instance)
◧◩◪
11. Hamuko+Og2[view] [source] [discussion] 2022-01-21 13:23:24
>>redner+ve
The only thing more undignified than being a hexagon is pretending to be a hexagon.
◧
12. remram+3X2[view] [source] 2022-01-21 16:24:33
>>armcha+(OP)
Apparently you can do one better: mint an NFT of that screenshot on whatever collection you want, set it as your profile picture, and Twitter will show it as a valid NFT (because it is).

The fact that NFTs are decentralized make the scheme completely useless even though it is the only selling point. Amazing.

[go to top]