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Trump’s Tariffs Will Create a Hunger Games Landscape Where the Little Guy Is Guaranteed to Lose
Thu, 02 Jan 2025 19:57:49 +0000
A banner 2024 whet the appetites of banks and crypto bros. Now the largest companies are salivating over Trump’s economic policies.
The post Trump’s Tariffs Will Create a Hunger Games Landscape Where the Little Guy Is Guaranteed to Lose appeared first on The Intercept.
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Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
Scammers are hacking Google Forms to send email to victims that come from google.com.
Brian Krebs reports on the effects.
Boing Boing post.
The Justice Department has published the criminal complaint against Dmitry Khoroshev, for building and maintaining the LockBit ransomware.
The U.S. political system is owned by corporations despised by the American people. Luigi Mangione is the result.
The post Health Insurance Execs Should Live in Fear of Prison, Not Murder appeared first on The Intercept.
In the rapidly advancing landscape of AI technology and innovation, LimeWire emerges as a unique platform in the realm of generative AI tools. This platform not only stands out from the multitude of existing AI tools but also brings a fresh approach to content generation. LimeWire not only empowers users to create AI content but also provides creators with creative ways to share and monetize their creations.
As we explore LimeWire, our aim is to uncover its features, benefits for creators, and the exciting possibilities it offers for AI content generation. This platform presents an opportunity for users to harness the power of AI in image creation, all while enjoying the advantages of a free and accessible service.
Let's unravel the distinctive features that set LimeWire apart in the dynamic landscape of AI-powered tools, understanding how creators can leverage its capabilities to craft unique and engaging AI-generated images.
This revamped LimeWire invites users to register and unleash their creativity by crafting original AI content, which can then be shared and showcased on the LimeWire Studio. Notably, even acclaimed artists and musicians, such as Deadmau5, Soulja Boy, and Sean Kingston, have embraced this platform to publish their content in the form of NFT music, videos, and images.
Beyond providing a space for content creation and sharing, LimeWire introduces monetization models to empower users to earn revenue from their creations. This includes avenues such as earning ad revenue and participating in the burgeoning market of Non-Fungible Tokens (NFTs). As we delve further, we'll explore these monetization strategies in more detail to provide a comprehensive understanding of LimeWire's innovative approach to content creation and distribution.
LimeWire Studio welcomes content creators into its fold, providing a space to craft personalized AI-focused content for sharing with fans and followers. Within this creative hub, every piece of content generated becomes not just a creation but a unique asset—ownable and tradable. Fans have the opportunity to subscribe to creators' pages, immersing themselves in the creative journey and gaining ownership of digital collectibles that hold tradeable value within the LimeWire community. Notably, creators earn a 2.5% royalty each time their content is traded, adding a rewarding element to the creative process.
The platform's flexibility is evident in its content publication options. Creators can choose to share their work freely with the public or opt for a premium subscription model, granting exclusive access to specialized content for subscribers.
As of the present moment, LimeWire focuses on AI Image Generation, offering a spectrum of creative possibilities to its user base. The platform, however, has ambitious plans on the horizon, aiming to broaden its offerings by introducing AI music and video generation tools in the near future. This strategic expansion promises creators even more avenues for expression and engagement with their audience, positioning LimeWire Studio as a dynamic and evolving platform within the realm of AI-powered content creation.
The LimeWire AI image generation tool presents a versatile platform for both the creation and editing of images. Supporting advanced models such as Stable Diffusion 2.1, Stable Diffusion XL, and DALL-E 2, LimeWire offers a sophisticated toolkit for users to delve into the realm of generative AI art.
Much like other tools in the generative AI landscape, LimeWire provides a range of options catering to various levels of complexity in image creation. Users can initiate the creative process with prompts as simple as a few words or opt for more intricate instructions, tailoring the output to their artistic vision.
What sets LimeWire apart is its seamless integration of different AI models and design styles. Users have the flexibility to effortlessly switch between various AI models, exploring diverse design styles such as cinematic, digital art, pixel art, anime, analog film, and more. Each style imparts a distinctive visual identity to the generated AI art, enabling users to explore a broad spectrum of creative possibilities.
The platform also offers additional features, including samplers, allowing users to fine-tune the quality and detail levels of their creations. Customization options and prompt guidance further enhance the user experience, providing a user-friendly interface for both novice and experienced creators.
Excitingly, LimeWire is actively developing its proprietary AI model, signaling ongoing innovation and enhancements to its image generation capabilities. This upcoming addition holds the promise of further expanding the creative horizons for LimeWire users, making it an evolving and dynamic platform within the landscape of AI-driven art and image creation.
Sign Up Now To Get Free Credits
Upon completing your creative endeavor on LimeWire, the platform allows you the option to publish your content. An intriguing feature follows this step: LimeWire automates the process of minting your creation as a Non-Fungible Token (NFT), utilizing either the Polygon or Algorand blockchain. This transformative step imbues your artwork with a unique digital signature, securing its authenticity and ownership in the decentralized realm.
Creators on LimeWire hold the power to decide the accessibility of their NFT creations. By opting for a public release, the content becomes discoverable by anyone, fostering a space for engagement and interaction. Furthermore, this choice opens the avenue for enthusiasts to trade the NFTs, adding a layer of community involvement to the artistic journey.
Alternatively, LimeWire acknowledges the importance of exclusivity. Creators can choose to share their posts exclusively with their premium subscribers. In doing so, the content remains a special offering solely for dedicated fans, creating an intimate and personalized experience within the LimeWire community. This flexibility in sharing options emphasizes LimeWire's commitment to empowering creators with choices in how they connect with their audience and distribute their digital creations.
After creating your content, you can choose to publish the content. It will automatically mint your creation as an NFT on the Polygon or Algorand blockchain. You can also choose whether to make it public or subscriber-only.
If you make it public, anyone can discover your content and even trade the NFTs. If you choose to share the post only with your premium subscribers, it will be exclusive only to your fans.
Additionally, you can earn ad revenue from your content creations as well.
When you publish content on LimeWire, you will receive 70% of all ad revenue from other users who view your images, music, and videos on the platform.
This revenue model will be much more beneficial to designers. You can experiment with the AI image and content generation tools and share your creations while earning a small income on the side.
The revenue you earn from your creations will come in the form of LMWR tokens, LimeWire’s own cryptocurrency.
Your earnings will be paid every month in LMWR, which you can then trade on many popular crypto exchange platforms like Kraken, ByBit, and UniSwap.
You can also use your LMWR tokens to pay for prompts when using LimeWire generative AI tools.
You can sign up to LimeWire to use its AI tools for free. You will receive 10 credits to use and generate up to 20 AI images per day. You will also receive 50% of the ad revenue share. However, you will get more benefits with premium plans.
For $9.99 per month, you will get 1,000 credits per month, up to 2 ,000 image generations, early access to new AI models, and 50% ad revenue share
For $29 per month, you will get 3750 credits per month, up to 7500 image generations, early access to new AI models, and 60% ad revenue share
For $49 per month, you will get 5,000 credits per month, up to 10,000 image generations, early access to new AI models, and 70% ad revenue share
For $99 per month, you will get 11,250 credits per month, up to 2 2,500 image generations, early access to new AI models, and 70% ad revenue share
With all premium plans, you will receive a Pro profile badge, full creation history, faster image generation, and no ads.
Sign Up Now To Get Free Credits
In conclusion, LimeWire emerges as a democratizing force in the creative landscape, providing an inclusive platform where anyone can unleash their artistic potential and effortlessly share their work. With the integration of AI, LimeWire eliminates traditional barriers, empowering designers, musicians, and artists to publish their creations and earn revenue with just a few clicks.
The ongoing commitment of LimeWire to innovation is evident in its plans to enhance generative AI tools with new features and models. The upcoming expansion to include music and video generation tools holds the promise of unlocking even more possibilities for creators. It sparks anticipation about the diverse and innovative ways in which artists will leverage these tools to produce and publish their own unique creations.
For those eager to explore, LimeWire's AI tools are readily accessible for free, providing an opportunity to experiment and delve into the world of generative art. As LimeWire continues to evolve, creators are encouraged to stay tuned for the launch of its forthcoming AI music and video generation tools, promising a future brimming with creative potential and endless artistic exploration
Can the compound found in plants slow the ageing process and help tackle Alzheimer’s? Food writer Giulia Crouch finds out . . .
There’s a new buzzword in town when it comes to health: polyphenols. While scientists have been investigating the plant compounds for years, the term has now caught the public imagination – and for good reason.
A growing body of evidence shows that eating a diet high in these clever natural chemicals offers numerous health benefits, improving everything from heart and metabolic health to lowering the risk of neurodegenerative diseases, such as Alzheimer’s.
Continue reading...The theatre director on the best novel she’s read in a long time, Tracey Emin’s latest exhibition, exercising in the dark, and a Middle Eastern vegetarian restaurant
The theatre director Rebecca Frecknall grew up in Cambridgeshire and studied drama at Goldsmiths. Currently an associate director at the Almeida, from 2026 she will move to the same role at the Old Vic. Frecknall had a huge hit with the 2021 revival of Cabaret with Eddie Redmayne and Jessie Buckley – it won seven Olivier awards – and another with A Streetcar Named Desire starring Paul Mescal. Her production of Cat on a Hot Tin Roof is at the Almeida until 1 February, while Streetcar returns to London from 3 to 22 February at the Noël Coward theatre.
Continue reading...Cause of fire in city of Zhangjiakou in Hebei province is under investigation
At least eight people have died and 15 are injured after a fire broke out at a food market in northern China, according to state media.
The fire at the Liguang market in the city of Zhangjiakou broke out at midday on Saturday and had been mostly extinguished two hours later, the Xinhua news agency reported, citing a government official in Qiaoxi district where the market is located.
Continue reading...Welcome to our new series: a battle of the brands in which our expert cooks taste and rate UK supermarket ingredients. Who wins for quality and flavour, and how much should you spend?
Tinned tomatoes are wonderful, essential, enduring things: what would we do without them? Of the various types – whole, crushed, pulped, passata – chopped are particularly accommodating, providing a pleasing tomato presence while being easily reduced to sauce, and good value, too. However, chopped tomatoes (unlike whole tomatoes) can also be an excuse for a lesser product and more preservatives, which is why tasting and comparing is essential.
I always taste tomatoes cold, straight from the tin, with my eyes closed – a helper is useful – because, while deep red chunks and sauce are pleasing, they may have no bearing on flavour. I hope for a good balance of sweet, sour (acidity), salty (savoury), bitter and umami; chunks that are firm without being unduly crunchy or unripe; and a sauce that is full-flavoured and has a nice texture, and which might be velvety, but could equally be thinner but juicy. The highest compliment I can pay a tinned tomato is feeling that I could eat the contents cold from the tin.
Continue reading...While the EU and US hesitate, the UK can become world leader in this burgeoning – and cruelty-free – innovation
If the pet food industry were a country, it would rank as the world’s 60th biggest emitter of carbon dioxide. In countries such as the US, researchers estimate that pet food accounts for about a quarter of total meat consumption. And as the number of pets grows, the environmental impact looks set to increase. But the British government may have unlocked a solution. This year, the UK became the only country in Europe to approve the use of lab-grown meat in pet food.
Lab-grown meat may sound futuristic, but the process is actually straightforward. It starts with the harvesting of a small number of animal cells, then the cells are fed essential nutrients to help them replicate and grow, similar to a yeast culture on a petri dish. But unlike a whole living animal, there are fewer limitations on size, there are no welfare concerns, and the setup does not require such vast land, water and energy resources.
Lucy McCormick is an analytics manager at the Guardian and a writer on economics, politics and current affairs
Continue reading...What you need to buy to make sure your new year resolution of following a plant-based diet lasts beyond January
Whether you’re doing it for the animals, your health or environmental reasons, there’s never been a better time to go vegan. There’s meatless meat, dairy-free cheese, plant-based liqueurs and, well, anything else you can think of.
With more than a decade of veganism under my belt, I’ve tried pretty much every plant-based brand going. I was a full-blown omnivore until the age of 20 though, so I can tell straight away when a new vegan product hasn’t got it right. Below, I cover the must-buy alternatives, from cheese to meat, to the foods that would-be vegans fear they’d miss the most. I’ll also tell you what not to buy. Worried about what supplements you need to take? I spoke to a dietician to find out.
Continue reading...Flood-prone Hoboken, New Jersey, has opened a play area for its youngest residents that doubles as storage for stormwater runoff
For a city that is almost small enough to fit inside Manhattan’s Central Park just a few miles away, a lot of history has played out within the narrow borders of Hoboken, New Jersey.
It was the site of the first organised baseball game in 1846, home of one of the US’s first breweries in the 17th century and the place where Oreo cookies were first sold in 1912. And, as any Hobokenite will tell you, the Mile Square City, as it is called, is also known for something else.
Continue reading...Dr. Hussam Abu Safiya is one of six medical workers with the Chicago-based organization MedGlobal who remain in Israeli custody.
The post The Scramble to Find the Gaza Doctor in the White Coat appeared first on The Intercept.
A weekly email from Yotam Ottolenghi, Meera Sodha, Felicity Cloake and Rachel Roddy, featuring the latest recipes and seasonal eating ideas
Each week we’ll send you an exclusive newsletter from our star food writers. We’ll also send you the latest recipes from Yotam Ottolenghi, Nigel Slater, Meera Sodha and all our star cooks, stand-out food features and seasonal eating inspiration, plus restaurant reviews from Grace Dent and Jay Rayner.
Sign up below to start receiving the best of our culinary journalism in one mouth-watering weekly email.
Continue reading...Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, direct to your inbox every Thursday
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, delivered straight to your inbox every Thursday
Explore all our newsletters: whether you love film, football, fashion or food, we’ve got something for you
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Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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Under Donald Trump, the US may become an unreliable ally. The case is getting stronger for Seoul to build its own deterrent
So-called frozen conflicts can suddenly turn hot without warning. Look at Ukraine, Syria or Armenia-Azerbaijan. Might Korea be next? For almost three-quarters of a century, an armistice – not a peace treaty – has prevented old foes North Korea and South Korea tearing each other apart. Their respective backers, China and the US, underwrote a chilly cold war status quo.
Now, momentously, the ice is cracking. But it’s not a political thaw. Mutual hostility is undiminished. It’s not because Kim Jong-un’s impoverished hermit kingdom is imploding, as often predicted. Rather, it’s because North Korea, buoyed by new friends in high places, is on a roll while South Korea is suffering a very public meltdown. In short, things are hotting up.
Continue reading...The US president-elect’s policy on the conflict may prove decisive, but appeasing both sides will be a challenge
A new year in Ukraine began in much the same way as the old one finished: with deadly Russian drone attacks across the country. In Kyiv, one person was killed and at least six others were injured in the first few hours of 2025.
It is Ukraine’s third new year since Russia’s invasion. If 2023 began with hopes high that Ukrainian battlefield gains would push Russia back and lead to an outright victory, by the start of 2024 the Ukrainian army and population were already settled in for the long haul and had few illusions about a quick victory.
Continue reading...A banner 2024 whet the appetites of banks and crypto bros. Now the largest companies are salivating over Trump’s economic policies.
The post Trump’s Tariffs Will Create a Hunger Games Landscape Where the Little Guy Is Guaranteed to Lose appeared first on The Intercept.
Donald Trump blaming immigration will do nothing to counter the pernicious and lethal online influence posed by IS
The FBI says the man who drove a speeding truck into a crowd on Bourbon Street, New Orleans, early on New Year’s Day, killing 14 people, acted alone. Bureau officials also believe they know the man’s motive. Shamsud-Din Jabbar, 42, an American citizen from Texas who served eight years in the US army, some of it in Afghanistan, was “100% inspired” by Islamic State, said Christopher Raia of the FBI’s counter-terrorism division. An IS flag was affixed to his rented Ford pickup, Raia said.
What is less clear is why Jabbar came to so closely identify with the extremist Sunni Muslim terrorist organisation that seized Mosul in 2014. Under Abu Bakr al-Baghdadi’s leadership, IS created a so-called caliphate in parts of Iraq and war-torn Syria. It became notorious for public executions, kidnappings and sexual enslavement. Baghdadi was killed in 2019. His followers were jailed and the caliphate smashed. But the IS brand was not.
Do you have an opinion on the issues raised in this article? If you would like to submit a letter of up to 250 words to be considered for publication, email it to us at observer.letters@observer.co.uk
Continue reading...With ‘the best friend gun owners have ever had in the White House’ to return, gun-safety groups eye state level actions
Donald Trump’s imminent return to Washington has put gun-safety groups on high alert, as the president-elect once described himself as “the best friend gun owners have ever had in the White House”.
Emma Brown, executive director of the gun-safety group Giffords, initially reacted to the news of Trump’s victory in the presidential race not with dismay, but with defiance.
Continue reading...State-backed cyperspies are exploiting ageing infrastructure to penetrate every corner of the US government, it seems – even its phone-tapping systems
You know the drill. You’re logging into your bank or another service (Gmail, to name just one) that you use regularly. You enter your username and password and then the service says that it will send you an SMS message with a code in it which you can use to confirm that it is indeed you who’s logged in. It’s called “two factor authentication” (2FA) and it passes for best practice in our networked world, given that passwords and login details can easily be cracked.
Sadly, our world is wicked as well as networked, and that SMS message can be redirected to someone else’s phone – that of the criminal who has logged in using your phished personal details – and who is now busily emptying your current account.
Continue reading...Pulitzer prize winner Ann Telnaes had drawn a cartoon of the paper’s owner kneeling before Donald Trump
The Washington Post’s Pulitzer prize-winning editorial cartoonist Ann Telnaes has resigned from her position at the newspaper after its refusal to publish a satirical cartoon depicting the outlet’s owner, Jeff Bezos – along with other media and technology barons – kneeling before Donald Trump as he gears up for his second US presidency.
“I have had editorial feedback and productive conversations – and some differences – about cartoons I have submitted for publication, but in all that time I’ve never had a cartoon killed because of who or what I chose to aim my pen at,” Telnaes wrote on Friday in an online post on the Substack platform detailing her decision to quit. “Until now.”
Continue reading...Musk has now used X as a platform to make aggressive interventions in US politics – and in those of other countries
As a business proposition, Elon Musk’s ownership of X, formerly known as Twitter, has so far been a disaster: since he acquired it in late 2022, the social media company, according to one estimate, has lost nearly 80% of its value.
As a political proposition, however, Musk’s purchase may turn out to be one of the shrewdest investments of all time. Every week, the platform seems to supercharge a news issue that comes to dominate conservative discourse – and often mainstream discourse, as well – with real political repercussions.
Continue reading...Speaking at party conference, its leader calls reports of tech mogul’s potential $100m donation ‘somewhat overexaggerated’
Nigel Farage has hailed Elon Musk as a “hero” and said he was “very pleased he’s backing our party”, but he called reports that the tech mogul was preparing to donate $100m (£80m) to Reform UK “somewhat overexaggerated”.
Speaking at Reform’s East Midlands conference on Friday night, the party leader said Musk’s efficiency plan for Donald Trump’s government was the “blueprint we need” as he called for a “complete change of culture in Britain”.
Continue reading...Heritage Foundation officials were due to outline their conservative blueprint at Australian embassy, correspondence shows
The rightwing thinktank behind Project 2025 – cast as a playbook for Donald Trump’s second presidential term – was scheduled to brief Australian ambassador to the US, Kevin Rudd, on the manifesto months before last year’s election, documents reveal.
The Heritage Foundation was due to be hosted at the Australian embassy in Washington early last year to present its 2025 presidential transition project, which features a detailed conservative blueprint to overhaul US democracy.
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Continue reading...As he prepares to retire from journalism, James Risen warns of press missteps in the Trump era.
The post Media’s Biggest Failures appeared first on The Intercept.
Four years after the 6 January attack on the Capitol, Donald Trump has promised he will pardon hundreds of his supporters who were convicted over their roles in it. This comes after Joe Biden gave an unconditional pardon to his own son, Hunter, for federal crimes of which he had been convicted. This week, Jonathan Freedland speaks to Kimberly Wehle, a constitutional law expert, about whether the presidential pardon has become nothing more than a perk of the job to be used for a president’s personal convenience
Archive: CBS, ABC, NBC, Associated Press
Continue reading...The Louisiana Republican blamed “wokeness” in part for police’s failure to stop the New Orleans attack that left 15 dead.
The post Steve Scalise Knows Exactly What Led to the Bourbon Street Attack: DEI Initiatives appeared first on The Intercept.
The mass murder in New Orleans and Cybertruck explosion in Las Vegas fit a troubling pattern among U.S. vets, research says.
The post U.S. Military Service Is the Strongest Predictor of Carrying Out Extremist Violence appeared first on The Intercept.
Crowds gather outside South Korean presidential residence where suspended leader is protected by security officers
Thousands of rival South Korean protesters have rallied in the capital a day after a failed attempt to arrest the country’s suspended president, Yoon Suk Yeol, for imposing a short-lived martial law decree that led to his impeachment.
The country has been plunged into political chaos since last month, with Yoon defiantly holed up in the presidential residence surrounded by hundreds of loyal security officers who have so far resisted efforts by prosecutors to arrest him.
Continue reading...Small FPV drones, which travel at 37mph, have become ubiquitous, evolving from ‘a novelty to a weapon of choice’
Denys, a soldier with Ukraine’s Khyzhak brigade, describes a new kind of war. Standing in a barracks workshop with piles of basic Ukrainian First Person View (FPV) drones behind him, he says simply: “There are fewer gunfights because there are more drone fights.”
Frontlines that were once a gunshot apart are now a killing zone several miles deep, as Russian and Ukrainian drone squads, hidden about one- to three miles behind the frontline, target each other’s forces with simple aerial attacks. “Back in 2022, we were still running around with machine guns from the tree lines,” Denys says, almost with nostalgia.
Continue reading...Surprise move by Neos raises doubts about viability of forming centrist government excluding far right
The smallest of three parties in talks to form Austria’s next government has unexpectedly quit the negotiations, throwing into disarray an effort to form a centrist ruling coalition without the far-right Freedom party (FPÖ).
The surprise move by the liberal Neos party raised serious doubts about the future of the coalition talks and buoyed the Eurosceptic, Russia-friendly FPÖ. The FPÖ has railed against those negotiations since it was shut out despite winning the last parliamentary election in September with 29% of the vote.
Continue reading...Figure includes hundreds of children, who make up one in five migrants trying to reach Europe fleeing war and poverty
More than 2,200 people either died or went missing in the Mediterranean while trying to reach Europe in search of refuge in 2024.
The figure, cited in a statement from Regina De Dominicis, the regional director for Europe and central Asia for the UN’s children’s agency, Unicef, was eclipsed on New Year’s Eve when 20 people fell into the sea and were reported missing after a boat started to take in water in rough seas about 20 miles off the coast of Libya.
Continue reading...Foreign ministry summons ambassador as Cecilia Sala reportedly tells family she sleeps on floor of prison cell
Italy’s foreign ministry summoned the Iranian ambassador on Wednesday and urged the immediate release of an Italian journalist held in solitary confinement in Tehran.
Cecilia Sala, a 29-year-old freelance journalist for Il Foglio newspaper and a podcaster, reportedly spoke of the harsh conditions of her detainment in the notorious Evin prison, including having to sleep on the floor of her cell without a mattress.
Continue reading...Small vessel tilted after taking in water, according to seven survivors who reached Italian island of Lampedusa
Twenty people are missing after falling into the sea from a tilting boat after it started to take in water in rough seas about 20 miles off the coast of Libya, according to survivors.
Carrying 27 passengers, the six-metre boat had left Zuwara in Libya at 10pm on Monday. Despite the waves, seven people managed to continue the journey on the rickety vessel before being found by an Italian police patrol boat on Tuesday night close to the southern island of Lampedusa.
Continue reading...Dr. Hussam Abu Safiya is one of six medical workers with the Chicago-based organization MedGlobal who remain in Israeli custody.
The post The Scramble to Find the Gaza Doctor in the White Coat appeared first on The Intercept.
While the EU and US hesitate, the UK can become world leader in this burgeoning – and cruelty-free – innovation
If the pet food industry were a country, it would rank as the world’s 60th biggest emitter of carbon dioxide. In countries such as the US, researchers estimate that pet food accounts for about a quarter of total meat consumption. And as the number of pets grows, the environmental impact looks set to increase. But the British government may have unlocked a solution. This year, the UK became the only country in Europe to approve the use of lab-grown meat in pet food.
Lab-grown meat may sound futuristic, but the process is actually straightforward. It starts with the harvesting of a small number of animal cells, then the cells are fed essential nutrients to help them replicate and grow, similar to a yeast culture on a petri dish. But unlike a whole living animal, there are fewer limitations on size, there are no welfare concerns, and the setup does not require such vast land, water and energy resources.
Lucy McCormick is an analytics manager at the Guardian and a writer on economics, politics and current affairs
Continue reading...Ports including in Saudi Arabia and the US projected to be seriously damaged by a metre of sea level rise
Rising sea levels driven by the climate crisis will overwhelm many of the world’s biggest oil ports, analysis indicates.
Scientists said the threat was ironic as fossil fuel burning causes global heating. They said reducing emissions by moving to renewable energy would halt global heating and deliver more reliable energy.
Continue reading...Factory closures highlight the turbulent shift to a green economy, exposing political challenges and the urgent need for a equitable move to net zero
One of the biggest political battles of the future began to take shape in 2024, yet it did not centre on Westminster. Instead, try Grangemouth in central Scotland, Port Talbot in south Wales and Luton in the south of England. Their stories were not front-page staples, but each was of huge significance – locally, nationally and economically.
Grangemouth is Scotland’s sole oil refinery, whose owners confirmed in September that it would shut, to be replaced by a terminal taking in imported fuel – with nearly 400 workers losing their jobs. In the last days of September, the only remaining blast furnace at Port Talbot was shut down, as part of a restructuring that will cost 2,800 employees their jobs. At the end of November, staff at Vauxhall in Luton were told the plant would shut, ending 120 years of the carmaker’s association with the town and putting between 1,100 and 2,000 jobs at risk. One result was two days of protests in the town a week before Christmas.
Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.
Continue reading...Her most important qualification is being a longtime Trump loyalist — and she’ll carry out his vision to gut the Department of Education.
The post Linda McMahon Has No Education Experience Except Wanting to Defund Public Schools appeared first on The Intercept.
Readers Aaron Tovish, Diana Francis and Caroline Westgate respond to our editorial about arms control to prevent nuclear war
Thank you for addressing this existential threat to our world (The Guardian view on arms control: essential to prevent the total devastation of nuclear war, 27 December). It would seem a no-brainer that the logical corollary to “a nuclear war cannot be won and must never be fought” would be to unconditionally renounce all options to initiate nuclear warfare. To date, only two nuclear-armed states have taken this stance: China and India. It seems to have served them well – at least as well as those that retain the option of escalating a conventional war into a nuclear war.
In an armed conflict between nuclear powers, it is courting disaster to make your adversary worry about being “beaten to the nuclear punch”, but Nato continues to consider the threat of escalating to nuclear warfare essential to the cohesion of the alliance. This policy urgently needs to be jettisoned.
Continue reading...
President Aliyev says Moscow must ‘admit its guilt’ after downing plane, albeit unintentionally, with loss of 38 lives
Azerbaijan’s president Ilham Aliyev said the Azerbaijani airliner that crashed last week was shot down by Russia, albeit unintentionally, and criticised Moscow for trying to “hush up” the issue for days.
“We can say with complete clarity that the plane was shot down by Russia … we are not saying that it was done intentionally, but it was done,” he told Azerbaijani state television.
Continue reading...Tax experts say IRS whistleblower Charles Littlejohn’s leaks provided a public service — and fear Trump will take retribution.
The post He Leaked Trump’s Tax Returns. Will Biden Protect Him? appeared first on The Intercept.
A mysterious group linked to Patagonia has been accused of making what appear to be illegal “straw donor” contributions.
The post Patagonia’s Ties to a Dark-Money Operation Bankrolling Democratic Candidates appeared first on The Intercept.
“The funds to CJA are critical for building community resilience against climate change threats.”
The post EPA Staffers Demand Biden Release Climate Funds Withheld Over Gaza appeared first on The Intercept.
Biden’s commutations for 37 of 40 people on death row brought relief for the men and their loved ones.
The post “And I Was Surprised”: On Federal Death Row, They Feared Biden Would Set Up Another Trump Killing Spree appeared first on The Intercept.
Indiana wanted to kill Joseph Corcoran under the cover of darkness, but one journalist slipped in to witness.
The post Indiana’s Midnight Executions Are a Relic of Another Age appeared first on The Intercept.
Biden is running out of time to stop another Trump execution spree.
The post Power of the Pardon appeared first on The Intercept.
The U.S. political system is owned by corporations despised by the American people. Luigi Mangione is the result.
The post Health Insurance Execs Should Live in Fear of Prison, Not Murder appeared first on The Intercept.
Everyone from janitors to the Geek Squad could be forced to help the NSA spy — and Democrats barely put up a fight.
The post Top Senator Warns Sweeping New Surveillance Powers Will “Inevitably Be Misused” by Trump appeared first on The Intercept.
Carrier suspends flights to five Russian airports after early findings of investigation into crash on Christmas Day
The aircraft that crashed in Kazakhstan on Christmas Day, killing 38 people, experienced “external physical and technical interference”, according to preliminary results of an investigation, Azerbaijan Airlines said on Friday.
The early findings led the carrier to suspend flights to five Russian airports, citing “potential risks to flight safety”, adding to the two routes that were suspended immediately after the crash.
Continue reading...The internal EU document may strip European foreign ministers of “plausible deniability” in Israeli war crimes in Gaza, experts said.
The post EU Officials Will Claim Ignorance of Israel’s War Crimes. This Leaked Document Shows What They Knew. appeared first on The Intercept.
For the first group of ESA’s Astronaut Reserve, two intensive months of Astronaut Reserve Training (ART) have come to a close. During this initial training phase, members of the ESA Astronaut Reserve Sara García Alonso from Spain, Andrea Patassa from Italy, Arnaud Prost from France, Amelie Schoenenwald from Germany, and Aleš Svoboda from Czechia were introduced to essential skills required for future space exploration and scientific research.
The Arizona senator’s prodigious campaign spending in global wine hot spots can’t possibly be related to the campaign she’s not running, says an ethics complaint.
The post In Waning Senate Days, Kyrsten Sinema Screwed Workers and Spent Campaign Cash on Stay at French Castle appeared first on The Intercept.
The It Ends With US wrangling is becoming increasingly nasty – we live in a world where the powerful can ‘bury’ their enemies
First, a mea culpa. Last year I wrote a critical piece about the promotional campaign for the adaptation of Colleen Hoover’s controversial novel It Ends With Us. The fact that Blake Lively appeared to be using a movie about domestic violence to promote her husband’s gin brand as well as her own haircare line, I noted, was pretty grim.
Continue reading...Brando, Ava Gardner, Anita Ekberg and other A-listers are featured in a memoir about the glamour of the 1950s film industry
Marlon Brando was the original angry young man, winning an Oscar for On the Waterfront, Elia Kazan’s movie about union corruption. But anger got the better of him at the 1954 Italian premiere of the film, when he refused to watch it after discovering that his voice had been dubbed, a new book reveals.
“Why didn’t somebody tell me I was going to see a dubbed version?” he spluttered in fury in the darkened cinema. His embarrassed agent, who had expected the original English-language version, recalled him “staggering up from his seat as if from a heart attack”, frantically whispering: “Get me out of here!”
Continue reading...Felix, 24, a film programmer, meets Erin, 23, an archaeologist
What were you hoping for?
Someone to talk to about absolutely awful movies. More importantly, someone kind in wonderful knitwear.
Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
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