• brucethemoose@lemmy.world
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    12 days ago

    I guess the problem NFTs try to solve is authority holding the initial verification tied to the video. If it’s on a blockchain, theoretically no one owns it and the date/metadata is etched in stone, whereas otherwise some entity has to publish the initial hash.

    In other words, one can hash a video, yeah, but how do you know when that hashed video was taken? From where? There has to be some kind of hard-to-dispute initial record (and even then that only works in contexts where the videos earliest date is the proof, so to speak, like recording and event as it happens).

    • ddash@lemmy.dbzer0.com
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      12 days ago

      If it’s on a blockchain, theoretically no one owns it

      This is such a funny thing to say since NFTs were all about “owning” stuff on the blockchain.