Posted in Blockchain Technology, Science and Technology

Are NFTs Good or Bad for Artists?

Are NFTs Good or Bad for Artists?

What Are Fungible vs Non Fungible Tokens?

In the dynamic world of digital art and the disruptive technology of cryptocurrency, Non-Fungible Tokens, also known as NFTs, have emerged as a controversial topic among artists, collectors, and enthusiasts. This technology challenges the traditional art market by allowing artists to tokenise art work and …

Posted in Blockchain Technology, Science and Technology

Why is Decentralisation Important in Blockchain?

Why is Decentralisation Important in Blockchain?

The Difference Between Blockchain and Distributed Ledger

What is Decentralisation?

Is decentralisation Important in Blockchain? When we speak of blockchain technology, decentralisation refers to the distribution of data across a network of participants. In traditional centralised systems, a single entity, group, or person holds the supreme control.

Decentralised networks are more like a consensus, …