We charge no fees for Cryptopunks transacted through the built-in market beyond the ones charged by Ethereum (gas).
Do you charge any fees for transactions?. In fact anyone else could write a web front end for it. We have no control over the contract governing this market, and have no access to any additional data beyond what the blockchain provides. Because the Cryptopunks pre-date the ERC-721 standard (and all third party NFT marketplaces) we also needed to write a market so the punks could be transacted. The prices, bids and sales you see on this site are loaded from the Cryptopunks contract on the Ethereum blockchain. Where does the market data on this site come from?. None of the other methods are the same since you're not transferring a simple balance, but need to reference which specific Punk you want to work with. We support the methods that provide your balance so you can watch CryptoPunks as a token in your wallet and see how many you own. The CryptoPunks pre-date the ERC-721 standard and are a custom contract, that means it doesn't comply with any standards. You can read more about the mechanisms and details of the process in the announcement blog post. Since then, due to some clever compression ideas and some help from friends of the punks we have managed to put the entire image and attribute data fully on chain. You can verify that the punks being managed by the Ethereum contract are the True Official Genuine CryptoPunks™ by calculating an SHA256 hash on the cryptopunks image and comparing it to the hash stored in the contract. When originally released, the actual images of the punks were too large to store on the blockchain, so we took a hash of the composite image of all the punks and embeded it into the contract. Where are the images for the punks stored?. #Space punks club code
It allows a user verify that there are indeed only 10,000 punks, check that we can't steal them from you, and basically make sure that everything we told you about the code is true. The Space Punks Club is a collection of 10,000 AI-generated collectibles levitating on the Ethereum Blockchain. This is scary for us as developers because we worry about bugs, but it is also a very powerful feature of the system. Once we released it onto the blockchain it became permanently embedded there and can no longer be modified by anyone. We have written code that lives on the blockchain that anyone can use to buy and sell Punks with anyone else in the world.Īn interesting aspect of this system is that we no longer have any control over the code running CryptoPunks! This is pretty cool! Normally code is run on a server somewhere and you basically need to trust the person running the server.Įthereum lets everyone execute the code, show each other what result they got, and agree that the code was executed properly and fairly. We are using a successor to Bitcoin called Ethereum which allows for arbitrary computer code to be executed on the blockchain and the results of the execution to be stored forever.
Cryptocurrency was made famous by Bitcoin, but Bitcoin is designed just to transact and store ownership of Bitcoin itself.
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