As the cryptocurrency market slumps, here are five important things that happened in the space last week.
In the post, Rosenfeld, often known under pseudonym Moxie Marlinspike, assessed the state of Web3. In one point, he criticized NFTs' dependence on marketplaces like OpenSea, which prompted a significant amount of discussion on Twitter.
"If your NFT is removed from OpenSea, it also disappears from your wallet," Rosenfeld wrote."It doesn't functionally matter that my NFT is indelibly on the blockchain somewhere," because the wallet is using OpenSea to display NFTs.Sign up now:
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