The blockchain immortalises the hash and metadata. But the actual NFT lives on a centralised marketplace's servers. If the marketplace disappears, what remains is an orphan: a record on the chain pointing to an asset that no longer exists in the real world. After Axie, Terra Luna, Polygon, and Three Arrows, the possibility of marketplace failure is not far-fetched. So why is decentralised storage still not the norm?
Read the Article →The privacy coin Verge has just been hit by a 51% attack for the second time in a month, with $1.75M and $1.1M stolen on consecutive occasions. Look closely and it is not a 51% attack in the traditional sense. It is a time-warp exploit, made possible by the same recurring failure: coding shortcuts that traded resilience for speed.
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Long-form analysis on artificial intelligence, cybersecurity, digital currencies, and post-quantum cryptography. Written for boards, investors, and senior leadership. No promotional material.
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