Blockchain-Terminologies

நம்Chain - Open Initiative Research Lab

Blockchain-Terminologies - N

• Node

• Nonce refers to “number only used once,” is a random number the miners are solving for getting the Block Reward. This number is part of a block which gets hashed and rehashed to compute and validate based on the difficulty put by the network.

• Non-Repudiation

• Non-Fungible Tokens populary known as NFT are unique, indivisble and non-exchangeable assets that are created using strong cryptographic primitives on top of a Blockchain Network. These NFTs could represent a real-world physical, real-world digital or virtual assets. Examples include Cryptokitties which is a virtual game to breed kitties.