Of course, the U.S. dollar does change in value over time relative to other currencies, but it is still fungible because—at any one point in time—all U.S. dollars are worth the same amount.

Cryptocurrencies are the prime example of fungible tokens because each coin ... See governance token and DAO. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.

is non-fungible because there is only one original. Blockchain is the technology that makes NFTs and cryptocurrencies like bitcoin possible. It is immutable, meaning it is unable to be changed ...