A crypto project is turning whole Ethereum blocks into NFTs - BitcoinEthereumNews.com
क्रिप्टो Ethereumएक क्रिप्टो परियोजना पूरे एथेरियम ब्लॉक को एनएफटी में बदल रही है02 / 07 / 2022बिटकॉइन एथेरियम समाचार A crypto project, known as VanityBlocks, has started turning whole Ethereum transaction blocks into non-fungible tokens (NFTs) — preventing anyone else from having space in that block. The first Genesis NFT was created on January 16. It was in block 14017777 and the transaction to create the NFT took up the entire block, costing about 5.31 ETH ($16,600 USD). A more recent mint on January 31 for block 14114114 cost over 3.42 ETH ($10,700 USD) in transaction fees. As of publication, VanityBlocks has minted only these two blocks. The second NFT minted has already been sold to an interested buyer. It was sold for 7 ETH ($21,000) on the same day it was minted. One Ethereum block can hold between a few to several hundred transactions depending on the size of each transaction. Transactions on Ethereum are designed to cost more if they contain more code, which is used to deter spam. In this case, the code was designed to keep performing operations until it hits a certain amount of gas used (the term used for measuring the weight of a transaction and how much