On March 23, according to foreign media reports, Jack, co-founder and CEO of Twitter? Jack Dorsey sold his first tweet as a heterogeneous token (NFT) for more than $2.9 million at an online auction of platform valuables owned by Cent. This Weibo was issued by Dorsey himself on March 2, 20061. The content is only? Just set up my Twitter? The winning bidder is Sina Estavi, CEO of digital currency trading company Bridge Oracle.
What is NFT?
As a pillar of digital currency, Bitcoin needs no introduction. It is a homogeneous cryptocurrency. The concept of NFT also comes from this. It is also a digital currency based on blockchain technology, but compared with Bitcoin, each NFT is unique. For example, there is only one tweet sent by Jack Dorsey at 4: 50 on March 22nd, 2006. After making it NFT, nothing is absolutely equivalent to it except itself. Everything in the internet age can be copied and pasted, and countless copies can be made, and NFT has created an artificial scarcity, through which value can be obtained. In other words, NFT not only includes the work itself, but also includes unforgeable creator authentication information, which is slightly similar to autograph. What the buyer bought was not the copyright or the right to use the work, but the ability to prove it? I did buy something like this? Digital certificate of.
What is the origin of NFT?
The concept of lottery coins, which appeared at the beginning of 20 12, is generally regarded as the origin of NFT. Because the scripting language of Bitcoin allows a small amount of information to be stored, which can be used to represent what actually exists in the real world, there is a view that physical objects can be associated with digital currency, and this special currency is called colored coins.
Is NTF equivalent to bitcoin?
NTF and Bitcoin are both virtual cryptocurrencies, but NTF and Bitcoin are different. Because of its unique physical contact, it can be easily distinguished from traditional bitcoin transactions. Because of this, although Bitcoin did not consider expanding in this direction in the subsequent update iteration, the appearance of colored coins still laid the foundation for the development of NFT.