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Reason: None provided.

A QUICK SEARCH WILL GIVE YOU ALL THE ANSWERS.

No need for the caps fren.

It's Non-Fungible Token. Here you can find what you seek: https://en.wikipedia.org/wiki/Non-fungible_token

An NFT is a unit of data stored on a digital ledger, called a blockchain, which can be sold and traded.[5] The NFT can be associated with a particular digital or physical asset (such as a file or a physical object) and a license to use the asset for a specified purpose.[6] An NFT (and the associated license to use, copy or display the underlying asset) can be traded and sold on digital markets.[7]

NFTs function like cryptographic tokens, but, unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are not mutually interchangeable, hence not fungible. While all bitcoins are equal, each NFT may represent a different underlying asset and thus may have a different value.[8] NFTs are created when blockchains string records of cryptographic hash, a set of characters identifying a set of data, onto previous records therefore creating a chain of identifiable data blocks.[9] This cryptographic transaction process ensures the authentication of each digital file by providing a digital signature that is used to track NFT ownership.[9] However, data links that point to details like where the art is stored can die.[10]

Stop being lazy, that took me less than a minute.

2 years ago
1 score
Reason: Original

A QUICK SEARCH WILL GIVE YOU ALL THE ANSWERS.

No need for the caps fren.

It's Non-Fungible Token. Here you can find what you seek: https://en.wikipedia.org/wiki/Non-fungible_token

An NFT is a unit of data stored on a digital ledger, called a blockchain, which can be sold and traded.[5] The NFT can be associated with a particular digital or physical asset (such as a file or a physical object) and a license to use the asset for a specified purpose.[6] An NFT (and the associated license to use, copy or display the underlying asset) can be traded and sold on digital markets.[7]

NFTs function like cryptographic tokens, but, unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are not mutually interchangeable, hence not fungible. While all bitcoins are equal, each NFT may represent a different underlying asset and thus may have a different value.[8] NFTs are created when blockchains string records of cryptographic hash, a set of characters identifying a set of data, onto previous records therefore creating a chain of identifiable data blocks.[9] This cryptographic transaction process ensures the authentication of each digital file by providing a digital signature that is used to track NFT ownership.[9] However, data links that point to details like where the art is stored can die.[10]

Stop being lazy, that took me less than a minute.

2 years ago
1 score