NFTs operate on blockchain technology, making it possible to verify their ownership and easily transfer them from one owner to the next. Ethereum, Solana, and Klaytn are three examples of blockchain technology that store NFTs. Ethereum is also the most popular blockchain technology for domain name NFTs. A blockchain is a digitally distributed ledger that records transactions and information across a decentralized network. Most blockchains are verified by many nodes (read: computers), which is why you’ll hear them described as “decentralized.” Different blockchains may verify their transactions using different methods but ultimately operate similarly. Blockchain technology allows users to easily trade, collect, and verify their domain name NFTs. Domain name NFTs offer an alternative to sharing wallet addresses and create a more seamless process for sellers or buyers looking to access a user’s specific crypto wallet.