Unlocking Digital Treasures: NFT Fundamentals

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Across
  1. 2. A digital voucher that can be used to represent an asset or a utility on a blockchain.
  2. 4. Not controlled by any single entity or authority, a key principle of blockchain technology.
  3. 6. A digital ledger in which transactions made in Bitcoin or another cryptocurrency are recorded chronologically and publicly.
  4. 10. Payments made to the original creator of an NFT every time it is sold.
  5. 11. Payments made by users to compensate for the computing energy required to process and validate transactions on the blockchain.
  6. 13. A standard for representing ownership of non-fungible tokens, that is, where each token is unique.
  7. 14. Ethereum, a decentralized, open-source blockchain system that features smart contract functionality.
  8. 15. A digital asset that represents real-world objects like art, music, in-game items, and videos, which are bought and sold online, frequently with cryptocurrency.
Down
  1. 1. An item valued for its rarity and desirability within a collecting hobby, often bought, sold, or traded as NFTs.
  2. 3. A popular crypto wallet and gateway to blockchain apps, often used for interacting with the Ethereum ecosystem.
  3. 5. Art that is made or stored in a digital format, often traded as NFTs.
  4. 7. Short for cryptocurrency, digital or virtual currency that uses cryptography for security.
  5. 8. The process of creating a new block, validating information, and recording that information on the blockchain.
  6. 9. A digital wallet to store cryptocurrencies and NFTs.
  7. 12. A self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.