NFT is a cryptosystem that uses a distributed ledger to record ownership of digital assets. NFT is designed to improve the security and efficiency of the digital asset ecosystem.
NFT uses a directed acyclic graph to record the ownership of assets. NFT nodes use a Proof of Work consensus mechanism to determine the ordering of transactions on the ledger. NFT transactions are irreversible and require a proof of work to be verified by the nodes in the network.
NFT transactions are broadcast to all nodes in the network. NFT nodes use a gossip protocol to propagate transaction information.
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