A new type of digital asset has exploded in popularity during the pandemic – non-fungible tokens or NFTs. Examples of NFTs range from digital artworks and sports cards to pieces of land in virtual environments, and enthusiasts and investors have scrambled to spend enormous sums of money on the items that only exist online.
Blockchain Caucus Co-Chair: Crypto ‘Backdoor’ Is Key to Unmasking Bad Actors | The Hash
U.S. representative and co-chair of the Congressional Blockchain Caucus Bill Foster said Tuesday the key to crypto’s success is a “cryptographic backdoor” that allows legislators to reverse transactions on the blockchain. “The Hash” panel claps back at Foster. “As a community, we should be pushing towards decentralization, privacy, and the right to financial privacy,” host Naomi Brockwell said.
What is Blockchain?
Blockchain is a type of distributed ledger for maintaining a tamperproof record of permanent transactions. It functions as a decentralized database in a peer-to-peer network. The computers in the network must verify the transactions by solving the hash or unique string of letters, and then the block is added to the blockchain. Each ensuing block in the ledger uses the previous block’s hash to calculate its own hash — hence, the “chain.”
NFTs for Authors And Publishing with John Fox
Why are NFTs (Non-Fungible Tokens) so exciting for authors and the publishing industry? How will they generate more streams of revenue for creators? What are some ways that authors could use them? All this and more in today’s interview. I also mention Bloomberg’s article on how NFTs shift power to artists in the intro.
Cashing in on the NFT craze
Why are digital files of artwork, videos and tweets selling for insane amounts of money? Correspondent David Pogue explains the origin and volatility of the market for NFTs (non-fungible tokens), and why content creators and speculators are generating a digital gold rush.
Charles Hoskinson On Almost Leaving Cryptocurrency Forever
Charles Hoskinson on why he almost never started Cardano ADA. Cardano ADA is a popular cryptocurrency. It is similar to Ethereum and not Bitcoin. Many people believe that cryptocurrency is the future of our world and Cardano ADA is leading that fight. They have a few significant updates that are coming out that will make it a very good blockchain. However, this video is more about Charles Hoskinson and how he almost quit cryptocurrency forever. The reason is he did not have a lot of success in the early projects that he was involved with. First, the work that he did with Bitcoin did not work out. Second, there was not a great fit with Ethereum either. Eventually, he was able to work with Cardano and get that started
What is an NFT? (Non Fungible Token) | What does it mean?
From art to music, to NFT of famous tweets, yes you heard it right, these digital assets are being bought like a 14th-century Roman artifact. But are NFTs worth all the hype and well, money? Many analysts believe they won’t last long. But many others claim that NFTs are here to stay and will forever transform investing. But first, what in the world is NFT?
Can Books be an NFT | Non-fungible Tokens (NFT) Explained
Can books become a non-fungible token? Based on a published author’s perspective, can assets like books utilize blockchain technology to change how royalties are distributed and resales are tracked. If you’re an author, you’ve been here before, when you’ve finally published a book, and all of a sudden, when you go to optimize your keywords on search, you find out that other people are re-selling your books via secondary markets, such as eBay. In this video, I explain what NFTs are from an author’s perspective and how might NFTs change the game for authors and publishers.
Exactly How Bad Is Bitcoin For The Environment? | Answers With Joe
Bitcoin and cryptocurrencies in general have taken the world by storm, but they’ve also become controversial due to the amount of energy they use. Is Bitcoin as bad for the environment as people say? Or is it all a matter of perspective?
Copyright Protection, Smart Contracts, Digital Scarcity, And NFTs. Blockchain For Publishing
Blockchain technology offers exciting opportunities for authors and the publishing industry.
In this interview, Simon-Pierre Marion and I discuss copyright protection, smart contracts, estate management and faster, more transparent payments, as well as how digital scarcity could expand the revenue potential in the digital supply chain. Plus, I add some extra commentary on NFTs since they are in the news a lot at the moment.
Simon-Pierre Marion is the CEO and founder of Scenarex, a Canadian company that builds blockchain publishing solutions. Their site, bookchain.ca, enables authors and publishers to publish on the Ethereum blockchain.