NEP-141 (NEAR)
The Stellar Native Asset, often referred to as Lumens (XLM), is the built-in digital currency of the Stellar network. This asset serves as a bridge that facilitates the transfer of value across the network. Stellar Native Asset: A Brief History Stellar was founded in 2014 by Jed McCaleb, a key player in the cryptocurrency world...
NEP-171 (NEAR NFTs)
The XRP Ledger IOU token is a digital asset that represents ownership of value in the real world, issued on the XRP Ledger. It is a unique feature of the XRP Ledger that enables the creation and transfer of any type of value, not just its native cryptocurrency, XRP. Understanding XRP Ledger IOU Tokens The...
Nethermind (Ethereum client)
Nethermind is a high-performance Ethereum client designed to facilitate the development, deployment, and execution of smart contracts and decentralized applications (DApps) on the Ethereum blockchain. It is written in C# and offers full compatibility with the Ethereum protocol, aiming to provide an efficient and scalable alternative for interacting with the Ethereum network. Key Features and...
NFA Meaning Crypto
In the vast world of cryptocurrency trading, NFA (Non-Fungible Assets) serves as an integral and influential term. Essentially, it refers to tokens that are unique, irreplaceable, and cannot be exchanged on a like-for-like basis. To put the importance and vitality of these tokens into perspective, it's estimated that the NFA market cap is over $30...
NFT Airdrop
An NFT Airdrop refers to the distribution of non-fungible tokens (NFTs) to the digital wallets of various users, typically for free or as a reward for holding certain cryptocurrencies or other NFTs. This method is often used by creators and developers to incentivize participation and boost engagement within a specific blockchain ecosystem. Recent Examples of...
NFT App
In today's digital era, a term has emerged that is stirring the interest of global artists and tech enthusiasts: NFT App. It refers to a digital application that facilitates Non-Fungible Token (NFT) creation, purchasing, selling, and more. Data from DappRadar shows that the number of NFT transactions in Q2 2021 surged by 111.46% compared to...
NFT Art
NFT Art refers to digital art that has been tokenized on the blockchain as a non-fungible token, ensuring its provenance, ownership, and uniqueness. The advent of NFT Art creates a paradigm shift in the digital and art world, revolutionizing the way we perceive, own, and transact art. Background and history of NFT Art The concept...
NFT Artist
An NFT Artist is a creator who uses digital platforms to make rare and unique artworks, tokenized on blockchain technology as non-fungible tokens (NFTs). The burgeoning field of NFT Art has created a new frontier for artists, collectors, and investors alike. In 2020, the NFT market saw a dramatic increase in growth and popularity with...
NFT Blockchain
An NFT Blockchain is a specialized type of blockchain technology that supports the creation, buying, selling, and trading of non-fungible tokens (NFTs). These tokens are unique digital assets verified using blockchain technology, ensuring authenticity and ownership. Recent data from leading blockchain analytics firms show that the NFT market experienced a transaction volume of over $17...
NFT Calendar
NFT Calendars are the latest evolution in the non-fungible token sector, offering a dynamic method for tracking and anticipating the release of new NFT projects. They represent a valuable tool in the fast-paced world of NFT investments. Recent examples of NFT calendars include websites such as NFTCalendar.io and NFTDropGuide.com, which curate lists of upcoming NFT...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!
