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Do I understand it correctly that storing data on is not really "forever"? Someone still has to pay a recurring fee for pinning or run their own node to make sure it does not get garbage collected? So if whoever pays for that goes bankrupt so will your data, right?

· · Mastodon Twitter Crossposter · 3 · 0 · 0

So who offers already service where those recurring fees can be paid with a smart contract? Since that would allow artists, their collectors and their heirs to occasionally "fill up" that contract and make sure the data lives on.

@Quasimondo The fee you pay is "gas" (the mining fee) to transfer the piece's token to the new owner's wallet. And no, the token never expires. It will be on the eth blockchain for as long as eth exists.

@Quasimondo
You can keep it on your own computer like other things you own.

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