this post was submitted on 24 Jul 2024
1285 points (98.8% liked)

Memes

45889 readers
1688 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 5 months ago

I just remember the day, as a software dev with a solid understanding of Blockchain, my older dev neighbor started explaining how NFTs worked

I thought he was confused or stupid or something.

"Wait, so like you have these super rare images, proof you own it on a Blockchain, and a link to the place they're all publicly hosted?"

Him: "Yep"

"And the only use for these right now is as a profile picture?"

Him: Shrug, "yeah, people use them for discord and stuff"

"But... Couldn't you just download the image and use it anyways?"

Him: "Yeah, it's all publicly hosted"

And it was about then my brain locked up. I did multiple hours of research later, sure I had to be missing something