Hacker News Reader

I'm not sure how NFTs work, but are they proof of work or proof of stake? I was under the impression that one was more destructive than the other, and that proof of work was very outdated. I would imagine NFTs being somewhat new that they use the newer protocol.

So I see this claim made a lot, but I wonder if it isn't a spillover of the BTC inefficiencies into a domain that doesn't have this problem? I could be totally off here though.

View on HN

> I'm not sure how NFTs work, but are they proof of work or proof of stake?

NFTs are nothing but a transaction on a blockchain (which can be proof of work or proof of stake). There will be unique transaction id (which proves nothing). The image associated and the transaction id or any data with the transaction has no relation whatsoever. For example, you can get access to this cat image and replace it with a dogs image and nothing happens.

Reply on news.ycombinator.com