![]() ![]() The ledger is distributed across many participants in the network - it doesn’t exist in one place. On a blockchain, transactions are recorded chronologically, forming an immutable chain, and can be more or less private or anonymous depending on how the technology is implemented. This is what allows bitcoin to transfer value across the globe without resorting to traditional intermediaries such as banks.” The ledger is often secured through a clever mix of cryptography and game theory, and does not require trusted nodes like traditional networks. “Such ledgers can contain different types of shared data, such as transaction records, attributes of transactions, credentials, or other pieces of information. Keep in mind that you will also have to pay fees to mint this NFT, which could be pricey depending on how high gas fees are at that time.“At a high level, blockchain technology allows a network of computers to agree at regular intervals on the true state of a distributed ledger,” says MIT Sloan assistant professor Christian Catalini, an expert in blockchain technologies and cryptocurrency. You can turn your screenshot of an NFT into an NFT but it will not be the same as the original NFT and it’s unlikely that anyone will pay money to buy a screenshot.The NFT lives on the blockchain indefinitely. Although an NFT appears at face value to be just an image that you see on the internet, it is a one-of-a-kind digital asset that is published on a blockchain as code.However, keep in mind that a screenshot of an NFT is not the same as actually owning the NFT. It’s completely possible to take a screenshot of an NFT and to save it for personal (not commercial) use, for example if you are conducting research on that NFT project or if you simply like the art.Similar to Windows users, you can then paste this screenshot into any graphics editor software to crop out the NFT image you’d like to save. For MAC users, hit Shift+Command+3 to take a screenshot of everything in view on your screen. You can paste this image into Windows Paint or another graphics editor software to crop the NFT. On a Windows PC, press the PrtScn button to take a screenshot of everything in view on your screen. If you would like to screenshot an NFT, it’s simple to do so on a Windows PC or a MAC.They may also unlock additional benefits for their owners, such as exclusive access to future projects from the creators of that NFT or additional files included with the NFT that only the owner can unlock. Some NFTs are valuable not only because of their artwork.NFTs prove ownership over a digital asset Tips This point speaks to the value of NFTs and the importance of blockchain technology in supporting the value of NFTs. Just taking a screenshot of an NFT doesn’t mean you own that NFT. Trying to sell a picture of the Mona Lisa will not fetch nearly the same price, if any price at all, as having ownership over and being able to sell the real, original painting. ![]() But no one would think about the digital picture of the Mona Lisa as the same thing as actually owning the Mona Lisa. Since the Mona Lisa is a painting that anyone can visit if they are at the Louvre, anyone can also take a picture of the Mona Lisa. ![]() The real, original painting is housed at the Louvre in France and the public trusts that this is the true Mona Lisa, based on verification by experts and the credibility of the Louvre as a notable museum with intimate knowledge of fine art. Hint it's not so simple, and yet it also is. Screenshots taken of an NFT is not the same as the NFT itself What happens if you screenshot an NFT? Even if someone else takes a screenshot of that image file, they don’t have the blockchain transaction to prove that they own the NFT. Since this transaction is both available to anyone and can’t be altered, it’s easy to identify the true owner of that NFT. The blockchain is also impossible to hack, which means the record of a transaction involving any NFT can’t be altered. The blockchain holds information about this transaction along with similar transactions, and is publicly accessible. minted) and transferred to someone, this movement is recorded on a blockchain. However, the blockchain technology behind NFTs is built to prove ownership in a transparent and trackable way. Since NFTs are associated with an image file, which could be a piece of digital art or generative image, it’s tempting to consider taking a screenshot of the image and claim ownership over the NFT. What does it mean to screenshot an NFT? Read on to learn about the value of NFTs. If NFTs are just a digital image, why can’t you take a screenshot and also “own” that NFT without needing to pay eye-popping prices for it? If this was the case, then what is behind the NFT craze? Why would anyone pay over $2.3 million for a digital picture that anyone can have by taking a screenshot? A common question that pops up in the media speaks to the value of NFTs. ![]()
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