NFTslangs.com
As opposed to non-fungibility, fungibility means replaceability. It describes the ability of an item to be tradable or exchangeable for other commodities. For instance, cryptocurrencies like ETH, SOL, and many more, are fungible since you can trade them in exchange for physical or digital products.
It’s the short form of Proof of Work—An expensive validation process on the blockchain where miners verify new transactions by solving hash puzzles. This mechanism
These are cryptogenic representations of digital assets in a blockchain. You can view a token as the denomination of a cryptocurrency. Hence, they’re not crypto
It’s the smallest unit of a Bitcoin. A Satoshi reflects the name Satoshi Nakamoto, the presumed name adopted by the false person or people that
An individual who participates in crypto mining. Miners use high-performant GPUs, as the process requires high computing power as more miners join the mining process.
A short form of “ask me anything.” An AMA is usually a session on Twitter Space, where an NFT project community members get to ask