you are basically paying for the hash
to prove the image you bought is the image that was advertised
Post by KURO’ ✪
So you mean this doesn't actually mean owning the on-chain content itself, right?
What the chain says
- Block
- 964 184
- Time
- 2026-08-27T20:55:29Z
- Signer
- 16ACiCYTGEbzAdndHrQ594oh3nzrESAF2y
- App
- twetch
- Type
- reply
- Content type
- text/markdown
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
16ACiCYTGEbzAdndHrQ594oh3nzrESAF2y UnverifiedReplies (13)
How do you "own" anything that is on a public blockchain?
It is basically in the public domain,
If you encrypt it
only the hash and timestamp becomes relevant really
If you cannot pick up your ball
and take it home so nobody else can play with it
is it really your ball ?
Answer is no…
NFT tech really just lets you claim who currently owns the token, and that’s about it.
Do you think it’s a space where I could make the most of my on-chain interactive art?
This is a bad analogy.
The ball is only yours if you are in a system which rules allow you to do that, meaning that it will punish those who try to violate them, or you are the strongest person in the field.
What is wrong with encrypting data on chain and sharing access to it?
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