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NFT stands for non-fungible token.
What's nft stand for. I know fungible is a ridiculous-sounding word. Okay that just complicated it further didnt it. What does NFT stand for.
Its generally built using the same kind of programming as cryptocurrency like Bitcoin or Ethereum but thats where the similarity ends. Nuflare Technology Japan NFT. NFTs stands for non-fungible tokens.
Newfoundland Time GMT-0330 NFT. A non-fungible token is unique and cannot be traded one-to-one. What does NFT stand for.
A 10 bill can be exchanged for two 5 bills. Physical money and cryptocurrencies are fungible representing they can. National Field Trial dog club NFT.
Non-fungible tokens or NFTs are pieces of digital content linked to the blockchain the digital database underpinning cryptocurrencies such as. These tokens unlike cryptocurrencies cannot be exchanged with each other because each immutable token is different unlike digital currencies. A NFT is a unit of data stored on a digital ledger called a blockchain.
Think of it like the haute couture of currency. NFT stands for non-fungible token. A 100 dollar bill can be swapped for five 20 dollar bills and still hold the same value which means a 100 dollar bill is a fungible token.
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