• pruwyben@discuss.tchncs.de
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    1 year ago

    I thought the whole point of NFTs and the blockchain is that it’s decentralized, and you can use “smart contracts” for things like this. How is one company able to decide to change it?

    • June@lemm.ee
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      1 year ago

      They can only change it for their instance, but they can’t impact all NFT marketplaces. This is only significant because this company is the largest broker so it will impact more people.

      Anyone can set up their own blockchain and build it however they want. Hell, they could make it centralized even.

      • hyperhopper@lemmy.ml
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        1 year ago

        That’s not the question

        The post you replied to was saying, “shouldn’t it be inherent to the entry on the Blockchain, regardless of market”