NFTslangs.com

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Sharding

What does Sharding means?

It’s the process of splitting an overly expensive NFT into units so that more people can afford it. Sharding can also convert an NFT to a fungible piece since many people will own it collectively. The word “sharding” originally refers to the process of partitioning (splitting) a large database into subsets.

Random Slangs

AFAIK

The short form of “as far as I know”, implying that the information available is what someone knows so far. AFAIK statements are usually amenable

KYC

KYC is an acronym for “know your customer,” often required as a registration phase in crypto trading apps like Binance. The purpose of KYC is

Vault

A more secure digital storage for crypto assets. A vault is like a crypto wallet but has extra security features that let you delay a

NFT Metadata

An NFT metadata contains vital information about that NFT. Most projects store NFT metadata in a distributed file system called the IPFS (InterPlanetary file system).

Gas Fee

This is the amount paid in crypto for transacting on a particular blockchain. The gas fee is typically a fraction of the native coin of

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