Hi, I would like to understand evry single step of how blockchain works, how nft actually encrypted in chains, the data is actually in the chain or it just a links on external servers where this data is stored. Can't belive that each member of network will keep my NFT asset on his HDD.
Excuse me for stupid questions.
Every transaction is added to the block and then every block is added to the chain. So as to maintain this system, miners using the power of their computer, are confirming transactions and add them to the block. Everybody's computer that has noda, will track and store every transaction. Here is how blockchain works.
Your assets including NFTs are not being kept by other members, only information that you owe them.