Category Cryptocurrency exchange

NFTs exist on a blockchain, which is a distributed public ledger that records transactions. You’re probably most familiar with blockchain as the underlying process that makes cryptocurrencies possible. Some experts say they’re a bubble poised to pop, like the dot-com…

NFTs can be traded and exchanged for money, cryptocurrencies, or other NFTs—it all depends on the value the market and owners have placed on them. For instance, you could draw a smiley face on a banana, take a picture of…

Well, until pretty recently, nonfungible goods didn’t really exist on the internet. The system is designed to economically disincentivize malicious actions, making Ethereum tamper-proof. Once the containing your NFT transaction becomes it would cost an attacker millions of ETH to…

The token could represent anything from a digital image to partial ownership of an interstellar spaceship. In theory, because they are created using blockchain technology, they are immutable, secure, and don’t require the intervention of third parties. Similar to the…