I guess it's too technical for the noobs to understand it at first, that's why it should be explained slowly, googling it will lead us to a lot of content and articles on the internet explaining blockchain's and other crypto-related topics, which makes it more complicated and hard to understand what I believe is it's more useful to teach the person via one on one basis. Anyway, it's just a suggestion but I believe it's very effective I have done it already for my noob friend.
And regarding NFT's there's a lot of simple explanations about them on the web and if you have already an idea of how Blockchain works im sure it will be easy for you to digest NFT's and many other crypto-related functions.
Topic: Please help me to understand (Read 249 times)
Hi, I would like to understand evry single step of how blockchain works, how nft actually encrypted in chains, the data is actually in the chain or it just a links on external servers where this data is stored. Can't belive that each member of network will keep my NFT asset on his HDD.
Excuse me for stupid questions.
Excuse me for stupid questions.
Every transaction is added to the block and then every block is added to the chain. So as to maintain this system, miners using the power of their computer, are confirming transactions and add them to the block. Everybody's computer that has noda, will track and store every transaction. Here is how blockchain works.
Your assets including NFTs are not being kept by other members, only information that you owe them.
@OP, it's not that someone needs to store your NFT into their HDDs, you've understood it wrongly. No one will have to store your NFT on their HDDs.
It is about ownership and if they don't own your NFT into the network / blockchain, they won't keep it on their HDD. Thus, everyone can keep their NFTs not actually in an HDD but through the network. For additional information about NFT and storage: https://en.wikipedia.org/wiki/Non-fungible_token
It is about ownership and if they don't own your NFT into the network / blockchain, they won't keep it on their HDD. Thus, everyone can keep their NFTs not actually in an HDD but through the network. For additional information about NFT and storage: https://en.wikipedia.org/wiki/Non-fungible_token
If you want to learn about bitcoin and blockchain in general you can watch this channel https://www.youtube.com/c/aantonop Antonopoulos Youtube have too many good videos from well educated person.
About NFT they are protocol on smart contract as have ERC20 tokens but they have unique address.
Anyway most of NFT marketplace give you beautiful interface and they take all technical process you need to upload your pic and do some GUI clicks
About NFT they are protocol on smart contract as have ERC20 tokens but they have unique address.
Anyway most of NFT marketplace give you beautiful interface and they take all technical process you need to upload your pic and do some GUI clicks
Hi, I would like to understand evry single step of how blockchain works, how nft actually encrypted in chains, the data is actually in the chain or it just a links on external servers where this data is stored. Can't belive that each member of network will keep my NFT asset on his HDD.
Excuse me for stupid questions.
Excuse me for stupid questions.
Hi. Just do research somewhere else, for example, you can use Google. I think it is not the right place to ask such a question here. Because people ask and answer single specific questions, not so a broad one like this.
It is a natural thing when someone wants to know and understand what has not been in.
Simply put, Blockchain is a way of storing digital data that is connected between one device with other devices.
The most frequent and popular utilization for this technology is on crypto.
For more details, you can search for information on Blockchain related sites.
Simply put, Blockchain is a way of storing digital data that is connected between one device with other devices.
The most frequent and popular utilization for this technology is on crypto.
For more details, you can search for information on Blockchain related sites.
I would suggest you Google the details regarding Blockchain and NFTs. There are plenty of blogs and articles as well as videos that will make it easy for you to understand the basics about these concepts.
If you talking about blockchain I do recommend you to check this "All about blockchain" All you need is there basic and technical about blockchain.
And about the NFT then you might be talking about NFTs non-fungible tokens you can mostly hear them on the ETH network or Binance network.
If you want to learn about NFTs then this link below is the right place you can also see all gather article and guides about NFTs.
- https://github.com/gianni-dalerta/awesome-nft
And about the NFT then you might be talking about NFTs non-fungible tokens you can mostly hear them on the ETH network or Binance network.
If you want to learn about NFTs then this link below is the right place you can also see all gather article and guides about NFTs.
- https://github.com/gianni-dalerta/awesome-nft
Big Library of Bitcoin & Blockchain Books
Recommended wallets
Antonopoulos Youtube
Blockchain and crypto are too wide so you must learn gradually. I think books, videos above are large enough for you to begin.
Recommended wallets
Antonopoulos Youtube
Blockchain and crypto are too wide so you must learn gradually. I think books, videos above are large enough for you to begin.
1. If you want to learn about blockchain and cryptocurrencies in general: https://coindesk.com/learn
2. Most of NFTs are stored in IPFS and Arweave. The only thing that's stored in the blockchain is the signature.
2. Most of NFTs are stored in IPFS and Arweave. The only thing that's stored in the blockchain is the signature.
Hi, I would like to understand evry single step of how blockchain works, how nft actually encrypted in chains, the data is actually in the chain or it just a links on external servers where this data is stored. Can't belive that each member of network will keep my NFT asset on his HDD.
Excuse me for stupid questions.
If you are interested in NFT then it is the wrong board.Excuse me for stupid questions.
To know about blockchain and how it works you can simply search on Google there are many articles about it. In this board you will need to be very specific about your question.
Hi, I would like to understand evry single step of how blockchain works, how nft actually encrypted in chains, the data is actually in the chain or it just a links on external servers where this data is stored. Can't belive that each member of network will keep my NFT asset on his HDD.
Excuse me for stupid questions.
Excuse me for stupid questions.
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