12-01-2021, 08:11 PM
OpenSea was down, and users have been freaking out about losing all their NFTs.
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/r5wavu/opensea_was_down_and_users_have_been_freaking_out/"> <img src="https://b.thumbs.redditmedia.com/SB_0Z-9HKoCxGWSWiWX6E4SmxtqH7l7EyO6GJeBLWyE.jpg" alt="OpenSea was down, and users have been freaking out about losing all their NFTs." title="OpenSea was down, and users have been freaking out about losing all their NFTs." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>OpenSea's servers were down earlier today, with millions of users losing access to their NFTs, or their NFTs simply not showing up anymore.</p> <p>​</p> <p><a href="https://preview.redd.it/vuosxqthhs281.jpg?width=973&format=pjpg&auto=webp&s=45a94361143f99da8b00730f8a9c0a300491a5b3">https://preview.redd.it/vuosxqthhs281.jpg?width=973&format=pjpg&auto=webp&s=45a94361143f99da8b00730f8a9c0a300491a5b3</a></p> <p>The nice thing about NFTs, is even if OpenSea is down, it's still all safe on the blockchain.</p> <p>right....?</p> <p>Not exactly. It's only the token and smart contract that are safely on the blockchain. But your artwork, documents, concert tickets, game items, etc, aren't actually on the blockchain.</p> <p>They're all on databases. That side is all centralized. The smart contract only points to the metadata, like a URL pointing to OpenSea.</p> <p>If OpenSea's database goes down, those smart contract will now point to nothing. So you'll just have essentially an empty token, no longer associated to anything. </p> <p>Hence the panic:</p> <p>​</p> <p><a href="https://preview.redd.it/qdmdq9ephs281.jpg?width=707&format=pjpg&auto=webp&s=1ab5181a5aa235c51aacd97fc6ada05afc78df9a">https://preview.redd.it/qdmdq9ephs281.jpg?width=707&format=pjpg&auto=webp&s=1ab5181a5aa235c51aacd97fc6ada05afc78df9a</a></p> <p>​</p> <p><a href="https://preview.redd.it/n5vu6l1ths281.jpg?width=536&format=pjpg&auto=webp&s=76ca2e83590ab0c2db89faa311e07c85297956b8">https://preview.redd.it/n5vu6l1ths281.jpg?width=536&format=pjpg&auto=webp&s=76ca2e83590ab0c2db89faa311e07c85297956b8</a></p> <p>The servers are back up now, and the problem has been resolved. </p> <p>​</p> <p><a href="https://preview.redd.it/cpwocfg4is281.jpg?width=626&format=pjpg&auto=webp&s=383da97ec8c711ba24e409f2a8e4981cb55045f0">https://preview.redd.it/cpwocfg4is281.jpg?width=626&format=pjpg&auto=webp&s=383da97ec8c711ba24e409f2a8e4981cb55045f0</a></p> <p>This is not a new issue with these NFT sites.</p> <p>There have been issues not with just databases, but other issues coming from a still heavily centralized system:</p> <p>​</p> <p><a href="https://preview.redd.it/28cm3rfpis281.jpg?width=383&format=pjpg&auto=webp&s=318cbb4b5ddc0e5cb6bca78ec4fba04aeea97f66">https://preview.redd.it/28cm3rfpis281.jpg?width=383&format=pjpg&auto=webp&s=318cbb4b5ddc0e5cb6bca78ec4fba04aeea97f66</a></p> <p>There's definitely still a lot of development that needs to be done for the world of NFTs.</p> <p>It's a great concept, but it's definitely still in its infancy, and has a lot of problems it still needs to solve.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/fan_of_hakiksexydays"> /u/fan_of_hakiksexydays </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r5wavu/opensea_was_down_and_users_have_been_freaking_out/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r5wavu/opensea_was_down_and_users_have_been_freaking_out/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/r5wavu/opensea_was_down_and_users_have_been_freaking_out/"> <img src="https://b.thumbs.redditmedia.com/SB_0Z-9HKoCxGWSWiWX6E4SmxtqH7l7EyO6GJeBLWyE.jpg" alt="OpenSea was down, and users have been freaking out about losing all their NFTs." title="OpenSea was down, and users have been freaking out about losing all their NFTs." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>OpenSea's servers were down earlier today, with millions of users losing access to their NFTs, or their NFTs simply not showing up anymore.</p> <p>​</p> <p><a href="https://preview.redd.it/vuosxqthhs281.jpg?width=973&format=pjpg&auto=webp&s=45a94361143f99da8b00730f8a9c0a300491a5b3">https://preview.redd.it/vuosxqthhs281.jpg?width=973&format=pjpg&auto=webp&s=45a94361143f99da8b00730f8a9c0a300491a5b3</a></p> <p>The nice thing about NFTs, is even if OpenSea is down, it's still all safe on the blockchain.</p> <p>right....?</p> <p>Not exactly. It's only the token and smart contract that are safely on the blockchain. But your artwork, documents, concert tickets, game items, etc, aren't actually on the blockchain.</p> <p>They're all on databases. That side is all centralized. The smart contract only points to the metadata, like a URL pointing to OpenSea.</p> <p>If OpenSea's database goes down, those smart contract will now point to nothing. So you'll just have essentially an empty token, no longer associated to anything. </p> <p>Hence the panic:</p> <p>​</p> <p><a href="https://preview.redd.it/qdmdq9ephs281.jpg?width=707&format=pjpg&auto=webp&s=1ab5181a5aa235c51aacd97fc6ada05afc78df9a">https://preview.redd.it/qdmdq9ephs281.jpg?width=707&format=pjpg&auto=webp&s=1ab5181a5aa235c51aacd97fc6ada05afc78df9a</a></p> <p>​</p> <p><a href="https://preview.redd.it/n5vu6l1ths281.jpg?width=536&format=pjpg&auto=webp&s=76ca2e83590ab0c2db89faa311e07c85297956b8">https://preview.redd.it/n5vu6l1ths281.jpg?width=536&format=pjpg&auto=webp&s=76ca2e83590ab0c2db89faa311e07c85297956b8</a></p> <p>The servers are back up now, and the problem has been resolved. </p> <p>​</p> <p><a href="https://preview.redd.it/cpwocfg4is281.jpg?width=626&format=pjpg&auto=webp&s=383da97ec8c711ba24e409f2a8e4981cb55045f0">https://preview.redd.it/cpwocfg4is281.jpg?width=626&format=pjpg&auto=webp&s=383da97ec8c711ba24e409f2a8e4981cb55045f0</a></p> <p>This is not a new issue with these NFT sites.</p> <p>There have been issues not with just databases, but other issues coming from a still heavily centralized system:</p> <p>​</p> <p><a href="https://preview.redd.it/28cm3rfpis281.jpg?width=383&format=pjpg&auto=webp&s=318cbb4b5ddc0e5cb6bca78ec4fba04aeea97f66">https://preview.redd.it/28cm3rfpis281.jpg?width=383&format=pjpg&auto=webp&s=318cbb4b5ddc0e5cb6bca78ec4fba04aeea97f66</a></p> <p>There's definitely still a lot of development that needs to be done for the world of NFTs.</p> <p>It's a great concept, but it's definitely still in its infancy, and has a lot of problems it still needs to solve.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/fan_of_hakiksexydays"> /u/fan_of_hakiksexydays </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r5wavu/opensea_was_down_and_users_have_been_freaking_out/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r5wavu/opensea_was_down_and_users_have_been_freaking_out/">[comments]</a></span> </td></tr></table>Kind Regards R