Ether vs. Ethereum Ethereum is... A network built on blockchain technology It's focus is to have decentralized apps (DAPPS) Based on Smart Contracts: A self-executing contract where given an input, a certain is output is guaranteed.
0 CommentsWhat is a NFT? A NFT (non-fungible token) is: A unit of data for blockchains with smart contracts functionality (i.e. Ethereum, Cardano) Uniquely represents one entity One non-fungible token cannot be equivalent to another non-fungible token What does it contain? It contains these three bare essentials: An ID that guarantees uniqueness An owner The owner may change over time when NFTs are exchanged with buyers A link to the digital asset metadata Can be untrustworthy and centralized http links, or a link to darknet services / P2P distributed storages (i.
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