'Million Dollar Pixels: Diving into NFT Decentralization, Copyright, and Minting' decentralizedinternet quicknode
How Decentralized Are NFTs?The IPFS image is then referenced in a metadata file pointing to the IPFS image, which is also uploaded to IPFS
The maximum decentralization of an NFT therefore is limited to how decentralized the Blockchain network is , how decentralized IPFS is, and how decentralized the interactions between each system is. IPFS is a protocol for file addressing and sharing that enables anyone to host and pin a file in a fully decentralized manner. While the file may end up pinned on AWS or a third party vendor, or even replicated on another decentralized network, there are protocols in the middle that allow 'sovereign' hosting of any content and the choice of any pinning vendor if desired.. When a file is referenced from the blockchain, it needs an HTTP link to point to the metadata.
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