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Understanding NFTs (Non Fungible Tokens)

Blockchain

NFTs are cryptographic assets on a Blockchain with unique identification codes and metadata that distinguish them from each other. But, unlike Cryptocurrencies, NFTs cannot be traded or exchanged at equivalency. Cryptocurrencies that are identical to each other, can be used as a medium for commercial transactions. The unique construction of each NFT has the potential […]

Blockchain, in Simple Words

Blockchain

Blockchain is a distributed database that is shared among the nodes of a Computer Network. It is essentially a database, that saves a copy of the database across multiple nodes instead of saving it in one place. It is also called a Distributed Ledger. Immutability is one of the most important properties of a Blockchain. […]

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