S-STEM Scholar Sergio Cortez's Blog

 NFTs          In the beautiful world of blockchain there is a use for this technology that is getting more and more popular. This use is in NFTs. This stands for non fungible token. Non fungible means that it can't be replaced by something else because it wouldn't have the same value. For example the US dollar is fungible. This is because if I took one dollar and traded it for another dollar there would be no difference in the dollar I traded vs the one I got back. The value would be the same. In contrast a baseball card is non fungible. You can't trade a baseball card for another baseball card because it will not have the same value. It could be a completely different baseball card, condition of the card, edition of the card and etc. An NFT is built on a blockchain that way once an NFT is created it can be traced back to the creator so you know you are getting way you payed for.      I know it is a hard concept to understand but let me try to explain. The collectible worl

 Bitcoin     What is Bitcoin? Bitcoin is a piece of code that runs on a blockchain that was invented around 2009. The creator of Bitcoin is still anonymous since he presented Bitcoin on a subreddit and got assistance from developers online on launching this asset. Bitcoin is an asset not a  currency. Many people speculate that it will eventually take over the dollar but that is not realistic. It is supposed to be used as a hedge against inflation.     The reason that Bitcoin is so valuable is because there will only be 21 million Bitcoin ever created. This is not something that can be altered because that is the way the  white paper (white paper is the purpose or the design of a project) was created. All the Bitcoin however has not been put out onto the market yet because it will take about 120 more years for all the Bitcoin to be mined by miners. The total amount of Bitcoin on the market right now is about 18 million Bitcoin. That means there is only about 3 million bitcoin left to be

  This week I had 3 classes on Monday. On Tuesday I completed a mini lab I had to do for my CSC205 class. On Wednesday I had my Trig midterm and got a 92 percent. Today is Thursday and I am working on some biology assignments I have to do. Overall school is going great.