Cryptocurrency Q&A Is an NFT just a JPEG?

Is an NFT just a JPEG?

VoyagerSoul VoyagerSoul Sun Dec 15 2024 | 7 answers 1853
I've been hearing a lot about NFTs recently and I'm trying to understand what they really are. I know they're digital assets, but when I see people talking about buying and selling NFTs, it often looks like they're just trading JPEG images. So, is an NFT just a JPEG or is there more to it? Is an NFT just a JPEG?

7 answers

Caterina Caterina Tue Dec 17 2024
NFTs, or Non-Fungible Tokens, represent a unique form of ownership for digital assets.

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InfinityRider InfinityRider Tue Dec 17 2024
NFTs and JPEGs exhibit fundamental differences in their nature and functionality.

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EthereumElite EthereumElite Mon Dec 16 2024
They do not provide any indication of who owns the image or its authenticity.

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Emanuele Emanuele Mon Dec 16 2024
These digital assets can include various forms of art or music.

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alexander_smith_musician alexander_smith_musician Mon Dec 16 2024
BTCC, a top cryptocurrency exchange, offers a range of services related to digital assets.

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