Digital wallets using multisignature addresses are known as MultiSig wallets. In other words, for a crypto transaction to be signed and authorized, more than one private key is required. In some cases, this may mean that several different keys are used. Security-wise, coins and tokens must be stored to reduce…

Over the years, the music industry has undergone numerous changes. The art of listening to music has changed from records, tapes, cassettes, track tapes, and compact discs in the 20th century to downloadable streaming platforms (DSP). The music industry is now reliant on DSPs (digital signal processors), and despite the…

Your private and public keys are printed on paper called a paper wallet. It is a means to store and access your cryptocurrencies when you’re not connected to the internet. …

Welcome back to your weekly stop to everything UniqArt. I told you we’d be back in a week, and here we are, standing by the promise we made. We have been off to a good week, unlike the weather in Bangalore. Here is what we have been up to since…

You’ve undoubtedly heard of both proof-of-stake and proof-of-work if you’re new to cryptocurrency. Cryptocurrency transactions and security rely on these two notions. They are essential elements of blockchain technology and its operation and are two different methods for validating cryptocurrency transactions. Proof-of-stake and proof-of-work are known as consensus mechanisms. Both…

Cryptocurrencies require a means to verify transactions because they are decentralized and not controlled by financial institutions. A consensus mechanism is a way of validating entries in a distributed database while also keeping it safe. In the case of cryptocurrency, the database is known as a blockchain, so the consensus…

Crypto market capitalization refers to the total value of all cryptocurrencies. In contrast to stock market capitalization, crypto market capitalization is calculated by multiplying the price of a cryptocurrency by the number of coins in circulation. For stock market investors, market capitalization is an essential factor. …

A Proof-of-Work (PoW) system requires a considerable but manageable effort to discourage using computing power for frivolous or malicious purposes, such as sending spam emails or launching denial-of-service attacks. Hal Finney extended the notion of protecting digital money in 2004 using the SHA-256 hashing technique and the concept of “reusable…

Welcome to UniqArt’s first weekly newsletter! We aim to be your weekly pulse check for what matters in crypto, everything happening at UniqArt, and beyond. …