Are Your NFTs on the Wrong Blockchain?
fortune.com> "Do you know which blockchain NFTs actually exist on?
If you can’t answer that, and you’re considering dabbling in NFTs (or already have), it’s time to take a step back, because you’re officially in over your head.
If you don’t know it’s a trick question, take about three steps back."
Did I miss something? NFT's do exist on a particular blockchain, they even go through the current ones in the article. Why is that a trick question?
Yeah I don't see it as a trick either, it's the most basic question to ask with a specific answer.
I think it depends on whether you're talking about the transaction containing the NFT metadata (on chain) or the actual data the NFT references in that metadata (ipfs, etc.)
ImmutableX will be releasing a zk-Rollup for NFTs soon. It'll enable 9,000 transactions per second on Ethereum, which will completely eliminate the problem of high fees, and the associated energy consumption, for Ethereum-based NFT transactions:
Can we just change mining to how many pounds of garbage you can burn? Would probably be better for the environment.