this post was submitted on 27 Aug 2024
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[–] SnotFlickerman@lemmy.blahaj.zone 93 points 3 weeks ago* (last edited 3 weeks ago) (12 children)

This article makes my brain want to bleed.

I'll say it louder one last time for the people in the back:

THERE ARE NOT ENOUGH BITS IN ANY TYPE OF NFT TO STORE ART ON THE BLOCKCHAIN. THE BEST YOU CAN DO IS A URL WEBLINK TO THE IMAGE AND AN IMAGE HASH. THAT IS FUNCTIONALLY NOT THE SAME AS STORING THE ACTUAL IMAGE ON THE BLOCKCHAIN. IF THE ORIGINAL IMAGE GETS DELETED, THE URL AND HASH ARE BOTH EFFECTIVELY USELESS.

The art is always a completely separate entity from the NFT itself. Trying to act like this is "regulating art" is just more cryptobro bullshit.

[–] Traister101@lemmy.today 5 points 3 weeks ago

There are a couple projects with native block chain art but as you might expect it's low resolution pixel art due to the nature of block chain being prohibitively expensive to use as storage

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