Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I don't know why you're downvoted.

I worked for a company that made NFT character skins for their games; of course when the game checked your wallet for game skins, it only looked for NFTs that were signed by the game company. As you said, impossible to clone or forge.

Of course anyone could (and did) clone the ARTWORK associated with the NFT and create fake/pirate NFTs; but they had no in-game value. That's still a problem for players who might get duped by the fakes though.

In the end, though, using the blockchain didn't enable any functionality for the users that couldn't have been accomplished using a plain database of ownership. In theory the blockchain would grant some permanence to the asset, but once the game company shut down the market value of the asset cratered anyway.



No one is talking about this because it doesn't matter. If there is a centrally trusted and approve key, then blockchains and NFTs add nothing. When there is no centrally trusted key, then clones are trivial.

NFTs are simply crypto scammers trying to find a problem to their solution they have.


There are many non centralised cryptosystems including PGP and Signal. It’s potty hard to convince someone you own a fake beeple. On the internet there’s token gating, in person it’s going to look weird when you pull out Apple/Google photos instead of a wallet app.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: