Читать книгу NFTs For Dummies - Tiana Laurence - Страница 24

NFTs democratized blockchain, making it accessible and extremely valuable to a wide variety of people. NFTs took a once costly and time-consuming activity — selling a collector's item — and made it instantaneous and verifiable, similarly to how email was a paradigm shift for sending a letter, which could take days or weeks to arrive at its destination. With email, you could instantaneously receive or send a written message anywhere in the world. NFTs are the same for ownership of unique digital items and, maybe someday in the future, they can represent tangible assets.

Blockchain is the underlying technology that powers NFTs. (You've probably heard about blockchain in passing, but you might not be aware of many of its aspects.) Blockchain is a distributed ledger system where information can securely and reliably be stored and where any modification of this stored information is governed by strict rules. For example, no single party can change data without the whole system being made aware of it. (You might not think that’s an interesting strategy, but data before blockchain was secured by an admin who had godlike powers over the records.)

NFTs derive their value from being trustworthy records of provenance. You can record transactions between yourself and another party efficiently and verifiably on the system's blockchain. The record of the transfer of your NFT becomes an immutable shared memory, distributed across the world with strict built-in accountability features.