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

Fractional NFT token ownership is supposed to eventually transition from a single owner to decentralized communities. To achieve this, tokens need to get distributed from the original NFT owner to the community over time, and there needs to be high liquidity for people to buy and sell their tokens. …

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…

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

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…