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Core designer of Bitcoin reports issue with unauthorized creation and sale of his code for NFT

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It is reported that Luke Dashjr, the core developer of Bitcoin, tweeted that an auction website used his name and code to create and sell \”misleading\” NFT with…

Core designer of Bitcoin reports issue with unauthorized creation and sale of his code for NFT

It is reported that Luke Dashjr, the core developer of Bitcoin, tweeted that an auction website used his name and code to create and sell “misleading” NFT without his consent. The screenshot shows that the NFT contains a picture of the code he wrote, which is sold on the auction website at the price of 0.41 Bitcoin. （Cointelegraph）

Luke Dashjr, core developer of Bitcoin: Someone uses his name and code to create and sell NFT without permission

Interpretation of the news:


The creation of non-fungible tokens, or NFTs, has recently gained popularity due to its uniqueness and exclusivity. NFTs are a digital asset that represents ownership of a particular item, be it art, music, videos or even tweets. Yet, as the market for NFTs grows, it seems more and more people are attempting to exploit the potential revenue stream by creating and selling NFTs without obtaining authorization.

In a recent report, the core developer of Bitcoin, Luke Dashjr, tweeted about an unauthorized auction website that had used his name and code to create and sell a “misleading” NFT without his consent. The snapshot showed that the NFT had a picture of the code he wrote, which was being sold at a price of 0.41 Bitcoin. This incident is a clear example of the rising problem with theft and unauthorized use of NFTs.

Luke Dashjr is a well-known figure in the crypto world as a core developer of Bitcoin. His code has been used by various individuals and businesses, and it is not uncommon for people to seek his approval before using his code. Therefore, it is especially concerning that someone had used his name and code to create and sell an NFT without his knowledge.

From Mr. Dashjr’s statement, it is clear that the false representation of his image and work as an endorsement for a misleading NFT is unacceptable. This incident represents the inherent problem of NFTs in their current state, where anyone can create and represent ownership of any digital item. Consequently, the responsibility lies with the buyers to ensure that they are purchasing an authentic and authorized version of an NFT before making a purchase.

In conclusion, Luke Dashjr’s tweet regarding the unauthorized use of his code for NFTs reveals a growing issue in the NFT market, which is the disregard for intellectual property rights. Henceforth, it is essential that measures are put in place to ensure that NFTs do not become a means of stealing or profiting from the creations of others.

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