What are NFTs, and why are people paying millions of dollars for them?
What are NFTs, and why are people paying millions of dollars for them? How NFTs work NFTs are digital certificates that authenticate a claim of ownership to an asset, and allow it to be transferred or sold. The certificates are secured with blockchain technology similar to what underpins Bitcoin and other cryptocurrencies. A blockchain is a decentralizedalternative to a central database. Blockchains usually store information in encrypted form across a peer-to-peer network, which makes them very difficult to hack or tamper with....