What Is a “Hash” and How Does It Secure NFT Data?
A hash is a fixed-length string of characters generated from any input data using a cryptographic function. It is a unique "fingerprint." To secure NFT data, the hash of the off-chain metadata file is often included in the smart contract.
This proves the file has not been tampered with, as any change to the metadata would result in a completely different hash.
Glossar
NFT
Provenance ⎊ Non-Fungible Tokens, within cryptocurrency markets, represent a unique cryptographic token linked to a specific digital or physical asset, establishing verifiable ownership and authenticity.
Decentralized Storage Networks
Architecture ⎊ Decentralized Storage Networks represent a paradigm shift in data management, moving away from centralized servers to a distributed network of nodes.
Secure
Framework ⎊ Within cryptocurrency, options trading, and financial derivatives, a secure framework prioritizes the integrity and resilience of underlying systems against adversarial attacks and operational failures.