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Do NFTs' Owners Really Possess their Assets? A First Look at the NFT-to-Asset Connection Fragility. (arXiv:2212.11181v1 [cs.CR])
Dec. 22, 2022, 2:10 a.m. | Ziwei Wang, Jiashi Gao, Xuetao Wei
cs.CR updates on arXiv.org arxiv.org
NFTs (Non-Fungible Tokens) have experienced an explosive growth and their
record-breaking prices have been witnessed. Typically, the assets that NFTs
represent are stored off-chain with a pointer, e.g., multi-hop URLs, due to the
costly on-chain storage. Hence, this paper aims to answer the question: Is the
NFT-to-Asset connection fragile? This paper makes a first step towards this end
by characterizing NFT-to-Asset connections of 12,353 Ethereum NFT Contracts
(6,234,141 NFTs in total) from three perspectives, storage, accessibility and
duplication. In order …
More from arxiv.org / cs.CR updates on arXiv.org
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