144 Bad A** NFT's with Sentient Jay

<p></p> <p>Join Scott and Mark with their guest, Sentient Jay, as they talk about theNFT’s, Block chain&amp; Ethereum network. Sentient Jay is NFT guru and in home crypto miner.NFT:Anon-fungible token(NFT) is a unit of data stored on a digitalledger, called ablock chain, that certifies adigital assetto be unique and therefore not interchangeable.NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on block chainsto provide the owner with a proof ofownershipthat is separate fromcopyright.The NFT market value tripled in 2020, reaching more than $250 million.During the first quarter of 2021, NFT sales exceeded $2 billion.Block Chain:Block chain, sometimes referred to as Distributed Ledger Technology (DLT),makes the history of any digital asset unalterable and transparent through the use of decentralization and cryptographic hashing.A simple analogyfor understanding block chaintechnology is a Google Doc. When we create a document and share it with a group of people, the document is distributed instead of copied or transferred.This creates a decentralized distribution chain that gives everyone access to the document atthe same time. No one is locked out awaiting changes from another party, while all modifications to the doc are being recorded in real-time, making changes completely transparent.Of course, block chainis more complicated than a Google Doc, but the analogy is apt becauseitillustrates three critical ideasof the technology:Ethereum:Ethereumis adecentralized,open-sourceblock chainwithsmart contractfunctionality.Ether(ETHorΞ) is the nativecryptocurrencyof the platform. Amongst cryptocurrencies, it is second only toBitcoininmarket capitalization.Ethereum was conceived in 2013 by programmerVitalik Buterin.In 2014, development work commenced and wascrowdfunded, and the network went live