NFT vs Crypto | Difference Between NFT And Crypto | NFT Explained | Crypto Explained | Simplilearn

NFT vs Crypto | Difference Between NFT And Crypto | NFT Explained | Crypto Explained | Simplilearn

Simplilearn

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🔥IITK - Professional Certificate Program in Blockchain (India Only) - https://www.simplilearn.com/blockchain-certification-training-course?utm_campaign=T2DWY-iLLys&utm_medium=DescriptionFirstFold&utm_source=Youtube

This video on NFT vs Crypto will help you explore and understand the individuality of both NFT and Other Cryptocurrencies as well as it will also take you through the major differences between them which makes them unique in their own way. It will help you understand their performances in the crypto market. Also, It will guide you through its related concepts and will motivate you to participate and learn more about concepts revolving around NFTs and Cryptocurrencies.
In this video, you will learn to compare NFT and Crypto based on:
00:00 Trade
04:17 Purpose
05:04 Volatility
06:00 Uses and Marketplaces

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What is NFT? - Non Fungible Token
NFTs turn your digital assets into one of a kindby creating a unique digital signature which defines the ownership of your assets and that can be bought and sold for real money, cryptocurrency or any other asset like a non-fungible tokenaka NFT. Non-fungible tokens means that they are not interchangeable and each of them represents unique assets owned by a specific person.

NFT basically creates a blockchain-based digital certificate for your digital collectibles, including games, music, art, and many more. This certificate gives your artwork a unique identity. The Underlying technology and the programming language used by NFTs are the same as other cryptocurrencies i.e.. Blockchain and the programming language Ethash or Scrypt. NFT majorly exists on Ethereum Blockchain, a distributed public ledger that records all the transactions.

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➡️About Professional Certificate Program In Blockchain
The blockchain certification program helps the learners start from the fundamentals and then cover all the technical and functional aspects needed to build any blockchain solution using the best tools and techniques in the industry. In this program, they will build smart contracts, and bitcoin wallets, create transactions, fabricode, and more.

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- Program completion certificate from IIT Kanpur and Simplilearn
- Masterclasses from IIT Kanpur faculty
- Seamless access to integrated labs on Simplilearn’s LMS
- Get hands-on experience with a capstone on industry-relevant use cases
- Build skills to become job-ready and advance your career
- Simplilearn's JobAssist helps you get noticed by top hiring companies

✅Skills Required
- Cryptography and Cryptocurrency
- Bitcoin
- Distributed ledger
- Hyperledger
- Ethereum Blockchain
- Consensus
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