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How Its works
Novicon Gateway aims to be an open, decentralized, anonymous and peer-to-peer NFTs marketplace storage on Ipfs.
Here's what happens when you add a file to IPFS
To use the Novicon gateway, you don’t need to download any software or type any code. You simply open up a browser and type in the gateway’s name and the hash of the content you’re looking for, and the gateway will serve the content in your browser.
The data is content-addressed, rather than location-addressed
So at the most basic level, you tell the network where to look and the network sends back what it found.
IPFS provides a high throughput content-addressed block storage model
With IPFS, every single block of data stored in the system is addressed by a cryptographic hash of its contents.
End-to-End Integrity with IPFS
The content with a hash could be stored on dozens of nodes, so if one node that was caching that content goes down, the network will just look for the content on another node.
The IPFS is a distributed file storage protocol that allows computers all over the globe to store and serve files as part of a giant peer-to-peer network.
First off, it makes the network more resilient
The node works both as a client and a server. It will establish connections with a number of other nodes and exchange the information about the available content.
Second, it introduces an automatic level of security
If the data was changed at all in transit, the hash value you get will be different than the hash you asked for.
IPFS is a peer-to-peer file system composed of thousands of computers around the world, each of which stores files on behalf of the network.
This means that the system has a built-in way of knowing whether or not content has been tampered with.
The IPFS Project is a large community of open source contributors driven to decentralize the web.
- Time-stamping service.
- Cloud storage service.
The community is made up of thousands of developers and users who have been working to build valuable and widely used software tools.
This metadata of the NFTs, are stored in the blockchain and replicated across all of the nodes.
With this, ownerships is immutable and can never be tampered with unless the owner wants to transfer the NFT to someone else.
- NFTs will be the key to access and experience the Metaverse.
- Metaverse is posed to reflect the real-world, albeit digitally.
- NFTs and the metaverse go hand-in-hand
Recent posts form our Blog
Physical Asset NFTs
At the present time, the influence of physical asset NFTs is rising to an astonishing level. Artists are interested in this sector and they have started to develop their own physical asset NFT artworks. Additionally, the companies are entering the NFT space as well by creating their NFT marketplace for physical assets....Read More
Loans in metaverse
Since non-fungible tokens cannot be replicated or defected, the ownership can also be used as collateral to receive loans from specific loan mechanisms or services. In the future, non-fungible tokens are expected to play a crucial role in certifying the ownership of various assets. ...Read More
For NFT Marketplace
Non-fungible tokens have been the great trendsetter in the crypto world for quite some time. They have opened the door for a wide range of inventions in the digital space and the most notable one is introducing NFT for physical assets...Read More
Frequently Asked Questions