Saturday, April 24, 2021

NFT: Art? Blockchain?

 NFTs, explained: what they are, and why they’re suddenly worth millions - The Verge

“Non-Fungible Token” ... means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different.

At a very high level, most NFTs are part of the Ethereum blockchain. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also supports these NFTs, which store extra information that makes them work differently from, say, an ETH coin."

Lazy "The lazy way to show off your NFTs."

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