Author name: Pastel Network

Pastel: 2021 in Review

After 3 painstaking years of development in stealth, we launched our Mainnet in January 2021. Our co-founders, Jeff Emanuel, Alexey Kireyev, and Anthony Georgiades had a vision stemming all the way back in 2018 of building a blockchain that was application-specific and purpose built for rare digital collectibles, a novel concept at the time. Rare …

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Perceptual Hashing For NFT Verification

In providing accurate NFT verification services, neither humans nor computers are sufficient. However, using a technology called perceptual hashing, mountainous digital files can be reduced to perceivable attributes such as shapes, patterns, and colors that can easily be compared by both humans and computers. By combining perceptual hashing with human verification, NFT verification services can …

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NFT verification

How Are NFTs Authenticated?

The NFT concept is new to most; the term “non-fungible token” skyrocketed into the mainstream from relative obscurity within an esoteric group of cryptocurrency aficionados.  The script changed in early 2021: NFT collectors suddenly started spending thousands to sometimes millions of dollars to buy various JPEGs and GIFs on the Internet.  With so much money …

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