#84: Non-fungible token (NFT): digital, decentralized art market

Non-fungible tokens, NFTs for short, are financial instruments implemented on top of the blockchain. They can be bought and sold, just like cryptocurrencies. However, unlike bitcoins, each NFT is unique and traded individually. Whereas Bitcoins or ether are interchangeable, just like hundred-dollar bills. So what makes each NFT unique? Why would you purchase this particular NFT rather than the other one? Well, an NFT has an associated piece of data. That data is typically a hyperlink to a digital piece of art. What you actually purchase is… well… that link? Read more: https://nurkiewicz.com/84 Get the new episode straight to your mailbox: https://nurkiewicz.com/newsletter

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Podcast for developers, testers, SREs... and their managers. I explain complex and convoluted technologies in a clear way, avoiding buzzwords and hype. Never longer than 4 minutes and 16 seconds. Because software development does not require hours of lectures, dev advocates' slide decks and hand waving. For those of you, who want to combat FOMO, while brushing your teeth. 256 seconds is plenty of time. If I can't explain something within this time frame, it's either too complex, or I don't understand it myself. By Tomasz Nurkiewicz. Java Champion, CTO, trainer, O'Reilly author, blogger