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Cryptoverse: New breed of bitcoin NFTs sell for millions
- linkweb3
- 2023-03-14
- 4066
- Newsletter
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Summary:Just when you thought crypto couldn't get any stranger, bitcoin accidentally births a new breed of NFTs. The new entrants have materialized in 2023 following bitcoin network upgrades that enabled each satoshi - the smallest denomination of bitcoin, or one hundred millionth - to store a few megabytes of data, from text and images to audio and video. The data storage was an unintended consequence of the upgrades.
Just when you thought crypto couldn't get any stranger, bitcoin accidentally births a new breed of NFTs. The new entrants have materialized in 2023 following bitcoin network upgrades that enabled each satoshi - the smallest denomination of bitcoin, or one hundred millionth - to store a few megabytes of data, from text and images to audio and video. The data storage was an unintended consequence of the upgrades.
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