If you own any kind of cryptocurrency, then chances are you've heard of public and private keys. These are fundamental in how cryptocurrency works, and ensure that your funds are kept safe from hostile parties. But how do public and private keys actually work? Today, we'll be highlighting the differences between the two, and breaking down why they're so important in crypto.
Jack Dorsey, the creator of Twitter, sold the world's first tweet for $2.9 million; this bit of news is what introduced most people to the world of NFTs (Non-Fungible Tokens). Now all the rage, NFTs are being bought and sold like priceless pieces of art. The NFT market is seemingly swarming with digital Mona Lisas, but the question is: besides tweets and pictures, what other types of NFTs are there in the wild? Let's take a dive into the world of NFTs and find that answer. First Off: What Are NFTs? Digital media can be replicated easily and redistributed; however, try making an honest-to-goodness copy of the Mona Lisa down to the brush strokes and the original paper. Think of NFTs as digital non-replicable pieces of art. These are properties that can not be copied or replaced at all. Sure, the media itself can be copied and posted to a person's social media, but the buyer will retain ownership of the NFT, regardless. Hitting Ctrl + C on an NFT and posting it is the equi...
Comments
Post a Comment