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NFT stands for Non-Fungible Token. Contrary to a BTC which is fungible (one BTC is the same with another BTC), Non-Fungible Tokens have unique properties and cannot be duplicated.  NFTs can easily be transferred from one digital wallet to another. 

A node, in the world of digital currency, is a computer that connects to a cryptocurrency network. The node or computer supports the network. It supports it through validation and relaying transactions. At the same time, it also gets a copy of the full blockchain. Nodes that fully enforce all of the rules of a…

In a non-custodial wallets the private key is held by the owner of the wallet.  Whoever holds the private key, also has control of the funds in the wallet, but is also responsible for not losing it, since this will usually lead to losing the funds.