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NFT Performance and Security Review

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Computational Science and Its Applications – ICCSA 2022 Workshops (ICCSA 2022)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 13377))

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Abstract

In this article we review NFT token architecture and metadata storage options. We show the main disadvantages and risks of the existing NFT architecture and infrastructure. NFT minting performance was analysed on various distributed ledger technologies. The main problem of NFT technology that we highlight is its associated metadata storage options. Since in-secure Web2 based servers are allowed as a storage solution data that is associated with the NFT tokens can be corrupted, modified and lost. Thus harming the end user. We see the main solution for such issues in data blockchains proliferation as they would provide data immutability.

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Author information

Authors and Affiliations

  1. Lanit-Tercom Italia SRL, Bari, Italy

    Anastasiya Lavrova & Oleg Iakushkin

  2. Saint-Petersburg University, Saint Petersburg, Russia

    Anastasiya Lavrova & Oleg Iakushkin

Authors
  1. Anastasiya Lavrova
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  2. Oleg Iakushkin
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Corresponding author

Correspondence to Oleg Iakushkin .

Editor information

Editors and Affiliations

  1. University of Perugia, Perugia, Italy

    Osvaldo Gervasi

  2. University of Basilicata, Potenza, Potenza, Italy

    Beniamino Murgante

  3. Østfold University College, Halden, Norway

    Sanjay Misra

  4. University of Minho, Braga, Portugal

    Ana Maria A. C. Rocha

  5. University of Cagliari, Cagliari, Italy

    Chiara Garau

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© 2022 The Author(s), under exclusive license to Springer Nature Switzerland AG

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Lavrova, A., Iakushkin, O. (2022). NFT Performance and Security Review. In: Gervasi, O., Murgante, B., Misra, S., Rocha, A.M.A.C., Garau, C. (eds) Computational Science and Its Applications – ICCSA 2022 Workshops. ICCSA 2022. Lecture Notes in Computer Science, vol 13377. Springer, Cham. https://doi.org/10.1007/978-3-031-10536-4_15

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  • DOI: https://doi.org/10.1007/978-3-031-10536-4_15

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-10535-7

  • Online ISBN: 978-3-031-10536-4

  • eBook Packages: Computer ScienceComputer Science (R0)

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