this post was submitted on 18 Aug 2023
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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?
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.
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"
You'd think it should be, but their contracts never enforced it in code