Art Law and Ethics
Cryptocurrency is a digital or virtual form of currency that uses cryptography for security, making it nearly impossible to counterfeit or double-spend. Unlike traditional currencies issued by governments, cryptocurrencies are decentralized and typically operate on technology called blockchain, which records all transactions across a network of computers. This innovative structure allows for transparent and secure transactions, which has profound implications for ownership and commerce in the digital realm, especially regarding digital art and NFTs.
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