What does NFT stand for?
AnswerNon-fungible token
Each NFT is a unique token, not interchangeable.
Tech · Facts & stats
7 fact-checked facts about blockchains: how chained blocks, ledgers and smart contracts work, each with the reason behind it. 5 more are in today's round and join this page after it closes.
AnswerNon-fungible token
Each NFT is a unique token, not interchangeable.
AnswerPrivate key
Anyone with the private key can move the wallet's funds.
AnswerIt includes the previous block's cryptographic hash
Changing an old block would break every later hash.
AnswerEthereum
Ethereum runs programs called smart contracts.
AnswerGas
Gas measures the computing work a transaction needs.
AnswerMerkle tree
A Merkle root lets anyone verify a transaction efficiently.
AnswerTimestamping digital documents
Their chained timestamps are cited in the Bitcoin white paper.