![]() If a government back door were created for legal encryption schemes. Multi-million dollar trinkets, but trinkets nonetheless. And because humans gonna human, their use is for now largely restricted to creating and selling digital trinkets.Īlthough those are two very different choices, they offer examples of how.For one, most NFTs currently exist on a single blockchain - Ethereum.It's all happening" on Instagram.īut are NFTs just the latest fad, we hear you ask? They could be.ġ5, 2021, the venerable Christies, founded in 1766, became the first major auction house toĪnnounce plans to sell a purely digital piece of art-an NFT created by digital artist Mike Winkelmann, aka Beeple.Ĭalled Everydays-The First 5000, it comprises, as the name suggests, 5,000 individual images created every day from 2007 to 2021 and posted onĪn hour after the auction began on Thursday, the price jumped from $100 to $1 million.R ecent research from Sheffield University has suggested that the more time children aged between 10 and 15 spend on social media, the less happy they feel. ![]() Many of the headlines in response to this study focused on the idea that engaging with social media platforms makes children more likely to compare themselves negatively with their friends. Girls were found to suffer more adverse effects than boys, and in particular feel discontented with school and their appearance. The comparisons they made were overwhelmingly negative because, as the report explained, “the material people chose to present online represents selectively idealised versions of their true appearance, activities, and achievements”.īut while social media has its pitfalls, it also has benefits that the headlines rarely focus on. ![]() That same study found that, overall, social media can make children feel happier about their friendships.
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