25
May
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METAPLEX: ALL YOU NEED TO KNOW
in Legal Buzz
A Solana-powered structure named Metaplex supports the generation and minting of non-fungible tokens as well as auctions and standardised NFT visualisation across wallets and applications. An on-chain programme and a self-hosted front-end web2 application make up its two main parts. Modern blockchain Solana is very different from the Bitcoin network. Modified cryptographic algorithms are used by Solana to build a quick and scalable blockchain. Blockchain technology has come a long way since the launch of the first decentralised Bitcoin network in 2009. It has changed from being a safe computer network for trading digital currencies to a place where complete virtual...
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