While NTFS doesn't technically stand for anything, most have taken it to stand for NT File System.
Compared to FAT32, NTFS is very complex. In FAT32, The FAT Stores all File Details, with the Volume storing the files themselves. In NTFS, You have a Master File Table, that stores all details of the files.
In NTFS, everything is stored as an Attribute, even the data itself.
Maximum Number of files on an NTFS Volume is 4,294,967,295.
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