Author: Mitchell Clark
Illustration by Alex Castro / The Verge
Secure messaging app Signal’s founder Moxie Marlinspike is doing a bit of trolling by releasing an NFT that shows up differently depending on what platform you’re looking at it on — and that will, allegedly, display as a poop emoji in your wallet if you actually buy it.
He seems to be doing this to point out the potential fragility of NFTs, which are supposed to act as a sort of permanent record of owning a piece of art or media. They’re unique digital tokens that are stored on the blockchain, but in most cases, it’s actually just the record that lives on the chain — the image is stored elsewhere. That means that people shelling out hundreds of thousands of dollars for them could be at the mercy of image hosts who are operating...
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Illustration by Alex Castro / The Verge
Secure messaging app Signal’s founder Moxie Marlinspike is doing a bit of trolling by releasing an NFT that shows up differently depending on what platform you’re looking at it on — and that will, allegedly, display as a poop emoji in your wallet if you actually buy it.
He seems to be doing this to point out the potential fragility of NFTs, which are supposed to act as a sort of permanent record of owning a piece of art or media. They’re unique digital tokens that are stored on the blockchain, but in most cases, it’s actually just the record that lives on the chain — the image is stored elsewhere. That means that people shelling out hundreds of thousands of dollars for them could be at the mercy of image hosts who are operating...
Continue reading…
Continue reading...