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Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment(arstechnica.com)

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MimicJar@sh.itjust.works
9 points

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.

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bob_wiley@lemmy.world
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NewDark@unilem.org
2 points

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.

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