In one of my previous article, I have covered existing buyout mechanisms for NFT -backed editions— https://medium.com/nibbl/exploring-the-buyout-mechanism-in-nft-fractionalization-ab6722b50d19 TL:DR; In editionization, one locks an NFT in a smart contract and creates IONs that represent ownership in that NFT. There could be a scenario where there wasn’t enough interest that got generated…

ION is short for Identity of NFTs. It’s a term we use to describe ERC-20 tokens that represent an NFT that has been editionized (Editionization means locking an NFT up in a smart contract then creating IONs that represent ownership). Ownership of IONs is supposed to eventually transition from a…

In the last couple of years, NFTs have taken the world by storm. From being Web3’s cool new kid on the block, to drawing attention from mainstream celebrities, the demand for high-value art and collectible NFTs only continues to soar. There’s no denying that NFTs can be accessed by a…

NFT editionization is a fancy way of saying NFT ‘tokenization’, essentially what one means when they say NFT editionization is they are going to lock their original NFT in a contract and create tokens (referred to as IONs) that represent ownership in the original NFT. The benefit of editionization for…

NFT Marketplaces like Nifty Gateway, Opensea, Superrare are presently the main money making businesses in the NFT world. This is because almost all trading of NFTs currently involves the NFTs themselves so the only people involved in a trade are the NFT seller and buyer. NFTs by design are ‘non-fungible’…

We launched Coinsafe’s beta around four months ago in January. After resolving countless bugs, crashes (many more to come!) & upgrading our architecture, I’m excited to announce the mainnet launch of Coinsafe on Android and very soon on iOS. What’s New? 1) Support for mainnet BTC, ETH & DAI In our beta, we supported only testnet BTC & ETH. For…

After the beta launch of Coinsafe, many people asked me how does Shamir secret sharing compare to a multi-sig based approach for securing one’s crypto assets. I aim to articulate the pros and cons of each approach in this post. Part A : Shamir secret sharing scheme (SSSS) SSSS is a way where you can split some data…

The first couple of questions that come to mind of any technical person when we explain Coinsafe’s architecture for key recovery are along these lines : 1) Can Coinsafe reclaim part of a secret from one or more trusted devices? 2) Can Coinsafe see who are my trusted devices? 3) Can…

*This article has been written in collaboration with Tarun Gupta* The days of lost private keys are over. Never again will you have to go to your favorite spot on the beach and cry your heart out just because you lost the private key of your bitcoin wallet. “Wait what…