NFT is a pyramid scheme and people are already losing money on it

[GrayRabbit]

Crypto payments can be validated on the blockchain.

[KrisMor]

Why? the buyer throws money and the public key, the seller encrypts the product with the winner's key and puts the magnet link to the encrypted container in the chain as well.
What a joy it is for the buyer to be the only one who needs a container with a closed piece, I don't know. The real picture can even be hung in the hall and shown to guests.
Although now you can trade the private key from the container where the "La Gioconda" lies.

[Atamos]

Nope, a public key can only validate a signature made with a private key. On the contrary, it won't work. It is impossible to encrypt with a public key, well, that is, anyone who has this key (and it is open) can decrypt, or no one can do it at all.

[DimanBo]

Hmm. In general, encryption is just done with a public key so that only one addressee can decrypt the data - the owner of the private key. And in the EDS infrastructure - yes, everything changes places there, where the decryption key becomes the public key. It's just a different task.

[Ryan Mosley]

Hello NFT Community

Good News!!!

Just recieved 3 last foundation invites to foundation.app

Note that foundation has stopped issuing invites and in the near future after the last circulating invites run out getting onto the platform is by community upvote!!

Get in touch at mosleyryan59@gmail.com

For details

[Mike09]

Why? the buyer throws money and the public key, the seller encrypts the product with the winner's key and puts the magnet link to the encrypted container in the chain as well.
What a joy it is for the buyer to be the only one who needs a container with a closed piece, I don't know. The real picture can even be hung in the hall and shown to guests.
Although now you can trade the private key from the container where the "La Gioconda" lies.

This is very blurry thing id rather buy a cllection than the key to collections with 50\50 chance

[Mike09]

Hmm. In general, encryption is just done with a public key so that only one addressee can decrypt the data - the owner of the private key. And in the EDS infrastructure - yes, everything changes places there, where the decryption key becomes the public key. It's just a different task.

Why do they have to encrypto the crypto currency? They ruin the concept

[tyufhf]

Crypto payments can be validated on the blockchain.

Blockchain never gives away any crypto passwords or anything else. They just show a purchase

[tyufhf]

Hmm. In general, encryption is just done with a public key so that only one addressee can decrypt the data - the owner of the private key. And in the EDS infrastructure - yes, everything changes places there, where the decryption key becomes the public key. It's just a different task.

Why do they have to encrypto the crypto currency? They ruin the concept

Thye mean giving away personal information of traders. But i dont understand what there is to hunt on. Blockchain gives all the information about the purchase

[Robert_Lee]

Why? the buyer throws money and the public key, the seller encrypts the product with the winner's key and puts the magnet link to the encrypted container in the chain as well.
What a joy it is for the buyer to be the only one who needs a container with a closed piece, I don't know. The real picture can even be hung in the hall and shown to guests.
Although now you can trade the private key from the container where the "La Gioconda" lies.

This is very blurry thing id rather buy a cllection than the key to collections with 50\50 chance

Is there a think with keys? What does that mean? It an auction?