Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment - eviltoast
    • MimicJar@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      11
      arrow-down
      2
      ·
      1 year ago

      Oh it’s even stupider than that.

      In most cases it’s, A. Just a link which happens to be a jpg. Which means it the website wants to change the jpg they can or if the website goes down it points nowhere.

      Or B. Just a hash, which might supposed to be a unique representation of a specific image, but really is just a string of characters, so different sites might disagree what that image is.

      • NewDark@unilem.org
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 year ago

        If you’re talking about an IPFS hash, That’s a hash based on the image’s content on a very specific network. The same image content will always hash to the same key.