Many people who are exposed to NFT know that NFT uses blockchain to achieve non-tampering. Characteristics such as indivisibility and uniqueness. And when we get closer to NFT, especially when we compare the domestic and foreign NFT markets, we will find that there are also big differences between NFTs.
So, what is the reason why they are all NFTs (renamed digital collections in China), but domestic and foreign countries have embarked on two different development paths? The fundamental reason for this is that there are differences between alliance chains and public chains in the blockchains used at home and abroad.
The so-called alliance chain refers to an independent blockchain built by multiple institutions or a single institution. Almost all domestic blockchains are alliance chains. This is a semi-decentralized blockchain that is controlled by institutions. It is usually a relatively closed ecosystem formed around some specific businesses.
The public chain is a highly decentralized blockchain in which anyone can participate and operate and maintain the network.
Decentralization comparison
If you look at the degree of decentralization pursued by NFT, it is obvious that public chains have more advantages. The credibility of the public chain comes from technology and the consensus of all node members. This kind of independence from a certain organization for management and operation will make users' digital assets more secure. The larger number of nodes in the public chain provides good support for its openness.
The semi-decentralization of the alliance chain requires the entire blockchain network to rely on institutional credibility as a guarantee to a certain extent. Once a company or institution faces major changes, such as corporate bankruptcy, business restructuring, etc., the controlled blockchain may