Hey guys,

It’s a huge part of low fee smart contract chains, we all know about it, the scam tokens/NFTs…

BUT can we actually get a semi-professional insight. If you BURN the scam NFT, is there any risk?
And by burning it do you gain the sol rent back or does the scammer who minted it?

Thanks!

Also will there be some kind of on chain filtering black/white list in future when a scam nft is detected it can be nuked from showing up in common wallets? Like spam email filter, is that possible/ to come?

  • Kumomax1911@alien.topBEnglish
    1·
    1 year ago

    You only put yourself at risk if you sign the transaction. Think about it. Nothing gets approved without your signature. Don’t believe? Make a temp test wallet with some change. Go exploring. You’ll learn more doing your own research.

    This will also teach you to never use your main wallet when playing around. Keep a savings address and a “checking” address.

    • Zealousideal-Site539@alien.topBEnglish
      1·
      1 year ago

      I have moved all nfts from my main wallet. I have burned those that were obviously malicious, I have some free ones from drip.haus that I think are okay. I have some that I am not sure about. How can I find out if they are scam tokens?

    • fairysquirt@alien.topOPBEnglish
      1·
      1 year ago

      I am thinking about it, you need to sign to burn it, so could they hide something in the contract of the NFT that when burnt a malicious action is bundled and triggered with the burn function? I’m not a dev that’s why i’m asking if there is any risk. That doesn’t mean I don’t get how blockchain or api txs work.