Post
Topic
Board Bitcoin Discussion
Re: A Cipher of Trust
by
franky1
on 19/02/2025, 20:05:22 UTC
just before the digital artwork disappeared into the anonymity of the blockchain
..
 He had initiated the final transaction that pushed the artwork into the hands of the laundering group.
..

stolen digital art,

a. digital artwork doesnt disappear in a blockchain. its immutable, meaning it never moves once confirmed in.

b. a blockchain transaction does not push the artwork into other hands.. just subsequent transactions loosely attempt to show different owners of the initial locked image

the way things work in the silly world of ordinals, is that a image which gets immutably added to the blockchain as a bloated transaction appendage of junk data. then child transactions are used as the reference of current owner.
the art does not move in the blockchain, just the perceived owner based on the descendant taint transactions of sats that originated from the junk appended transaction loosely tell a tale of WHOM(address) the current owner might be

c. you cant steal digital art on bitcoins blockchain.. its digital. .. copy & paste of the image is not theft
and the way ordinals pretends to record custodianship of ownership is flawed

and yes the ordinals crap is a scam in of itself