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      "author": "peerzadaaabid",
      "permlink": "nft-art-revolution",
      "title": "NFT Art Revolution",
      "body": "NFTs are the next step in digital currency, and they're here to stay. Unlike traditional digital currencies, which are stored on a user's computer or mobile  device,  NFTs  are  stored on a specific piece of hardware that can  be \ndisplayed publicly.\nThis means that you can't trade or sell them like you would with other cryptocurrencies. Instead, they're meant to be displayed as art or collectibles in museums and galleries around the world.\nNon-fungible tokens, or NFTs, are the next step in digital currency. They're not just another way to pay your bills; they're unique pieces of art, collectibles, and more.\nNFTs are no longer a novelty. They're the future of digital currency. NFTs are digital collectibles that can be displayed in museums and galleries. To purchase an NFT, you'll need a wallet setup that supports NFTs. Many wallets allow users to exchange crypto with their friends or family members, but these transactions aren't monitored by financial firms such as banks or government agencies.\n\nNFTs, or Non-Fungible Tokens, are a form of digital collectibles that allow users to own unique virtual items. The items can be anything from digital art to wearable tech.\n\nThey are different from traditional cryptocurrencies because they're not intended to be used as a medium of exchange. Instead, they're designed to be traded between users on the blockchain. These are digital objects that can be used to represent other things, including currencies and collectibles. They are often created by the owners of the original asset and distributed online. The first NFTs were made available in 2007 by a company called Digimarket (now known as Decentraland), which was later acquired by Tron.\n\nNFTs are digital assets but the remarkable difference they have from the rest class of assets is that they are unique. In layman’ language If you own the NFT means, you own the unique asset and you can not divide it into parts as in the case of the bitcoin. Non-fungible tokens (NFTs) seem to have grown exponentially this year.\n\n\n\n![Black and Blue Minimal NFT Twitter Post.png](https://cdn.steemitimages.com/DQmZcFJeyoEebBhnDensqAZqw2Cwy6NnMjqbqADVuP3DHfp/Black%20and%20Blue%20Minimal%20NFT%20Twitter%20Post.png)\n\n\n\n\n\n# How Is an NFT Different from Cryptocurrency?\n\nNFTs are very similar to cryptocurrencies, but have some important differences:\n\n1.\t*Cryptocurrencies have an open-source code that they run on top of. The code is designed by volunteers who work for free and without any compensation.*\n\n2.\t *NFTs are controlled by one entity—the creator—and are not open source.*\n\n3.\t *NFTs can be traded on a public blockchain like Bitcoin or Ethereum, but they don't need to be mined like Bitcoin (or mined at all).*\n\nNFTs are digital objects that can be bought, sold, and traded on the blockchain. They're like digital collectible cards or digital art—but unlike traditional collectibles, NFTs are not just items for sale; they're also meant to be used as a currency.\n\nThis means that you can use your NFTs to buy things from other people using the same platform you bought them on. You can also use them as a store of value—like gold—and even trade them with other users in exchange for other currencies (such as bitcoin). In short, NFTs are digital collectibles that have real-world uses!\n\nNFTs aren't just limited to buying and selling though—they can also be used as a medium of exchange. That means that if someone else is selling something you want in exchange for an NFT, you could go ahead and buy it just like you would with any other item online today.\n\nThere are many different types of NFTs available at this time: some are virtual goods that have no real-world value at all (like video games); others may be physical products made from scratch using 3D printing technology (like sculpture).\n\n**An NFT is created, or “minted” from digital objects from the following list**\n•\tArt and calligraphy\n•\tGIFs\n•\tVideos and sports highlights\n•\tCollectibles\n•\tVirtual avatars and cartons\n•\tDesigner illusionists\n•\tMusic\n•\tSource Code\n•\tTweet\n\n\n# How to Buy NFTs\nThe process of buying NFTs can be confusing at first, but it's quite simple: you simply need an NFT wallet (which is a piece of software that stores your NFTs), and then you can trade or sell them as you please!\n\nThere are a large no. of platforms where you can buy and sell the NFTs like the open sea and the recently launched WazirX NFT marketplace. In case of selling the NFT, below are some of the pre-requites you must have:\n1.Wallet( e,g metamask)\n2. Small balance of BNB or ETH depending upon blockchain\n\n\n# Future of NFTs\n\nMost of the NFTs have been created by highly influential people who are selling for millions of rupees. Recently some celebrities have also created NFTs on their names and according to many, this is just the beginning of this revolution. Non-Fungible tokens are getting more acquainted these days because the fee of the tokens is growing daily with the aid of using day. Even the conventional experts are beginning to go into the virtual global with the aid of using making their participation within the NFT global. The use instances of the NFT also are growing in particular inside the gaming systems and conventional artworks.",
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      "author": "peerzadaaabid",
      "permlink": "how-to-keep-crypto-funds-safe",
      "title": "How to keep Crypto Funds Safe?",
      "body": "@@ -236,16 +236,120 @@\n otely.%0A%0A\n+%0A%0A!%5BOIP.jfif%5D(https://cdn.steemitimages.com/DQmZks99SfVGY52k4EqaXWHfCHGtjmq9qM8pviQsPooxpaU/OIP.jfif)%0A%0A%0A\n Learning\n",
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      "parent_permlink": "monera",
      "author": "peerzadaaabid",
      "permlink": "what-is-monero",
      "title": "What is monero?",
      "body": "# Introduction to monero.\n\n![monero-2-1030x1030.png](https://cdn.steemitimages.com/DQmS4Y9xbNknhcEwbYSBC4Mz1ycRKaGk5sNhixcVbVrdTgT/monero-2-1030x1030.png)\n\n\nThe Bitcoin block chain is completely public, as the transaction can be traced over web by anyone from anywhere. Such type of infrastructure in the block chain often compromises privacy. It displays the information like, how many bitcoins were sent , from which address to whom. However, it is also impossible to trace the real-life identity from the addresses. So bitcoin is pseudonymous cryptocurrency. Now let us have a look over the private, open-source decentralized cryptocurrency- Monero.\n\n\n # What is monero?\n\nMonero, meaning coin was started in April 2014 by Nicolas van Saberhagen as a fork of bytecoin & was first private cryptocurrency created. Monero too uses the block chain to track the movement of funds like bitcoin, but it has some neat cryptography to obscure the basic three identities including sender’s identity, amount & receiver’ identity. In plain English, it means that the transactions are untraceable & unlikable.\n\n\n# Fungibility.\n\nFungibility means that the currency units should be completely interchangeable with one other. Unlike bitcoins were you can trace the coin back, even as far as when it was created for mining reward also known as coinbase transaction, the monero has complete fungibility. Means If you own $100 in monero, it means just $100, no info will be available beyond this\n\n\n# How monero works.\n\nWhen the funds are transferred over the monero block chain ,the three basic identities which are kept private, works as:\n\n\n![file (1).png](https://cdn.steemitimages.com/DQmQygMMNJLWKbSFgGCzC5RWmXcwihCpKUaRCyxU3brjpiE/file%20(1).png)\n\n\n## Obfuscating the Sender’ identity.\nIn order to conceal the identity of the sender, the monero uses the ring signatures. When you signs the monero transaction, your signature is mixed up with the already created signatures, thus making it impossible for the observer to trace your identity.\n![file (2).png](https://cdn.steemitimages.com/DQmUNY3dMwcoxEe28kgcQv5A4AxDBtSRPdhc5JFbKTjZ9QR/file%20(2).png)\n\n\n\n\n\n\n## Obfuscating the amount in transaction.\nThe amount being sent is obfuscated by ring confidential transaction (Ring RT). Instead of broadcasting the real amount being sent, the user transmits only a small piece of info about the transaction, thereby obfuscating the amount too.\n\n\n## Obfuscating the Receiver’s identity.\nThis part is done, through the one time generated stealth address. The address of the monero consists of the 95 characters string, starting with 4.\n![ef7a3f_d25eb708506b46bbb18d2e191788e8a3_mv2.png](https://cdn.steemitimages.com/DQmRm8VyPXN69iVzq4PHoJV7Y1fRZVGXmeKwCjxgryvUhoB/ef7a3f_d25eb708506b46bbb18d2e191788e8a3_mv2.png)\n\n\n\n \n\n\n\nHere when you send the amount to this one time generated stealth address it is actually send to the different address. Thus it becomes impossible for the observer to link the two addresses together. This privacy in monero is by default, meaning you cannot surpass the stealth addresses .While all the identities can be obfuscated, but the sender’s address IP can still be tracked, which here is overshadowed by newly included concept - kovri. Kovri rerouted your transaction through multiple virtual nodes in order to obfuscate the sender’s IP.\n\n\n# MONERO CURRENCY (XMR)\n\nLike the bitcoin, the monero is also generated by mining in computers that guess the solution to complex math problems, also known as proof of work. However, the algorithm which is used to mine the XMR is completely different than the SHA-256 algorithm which is used to, mine the bitcoin. In case of monero algorithm, you would not be able to mine more XMR if you have a more powerful computer, because this type of mining is favoring the CPU mining & weakening the GPU’S effectiveness. This makes it possible for personal computers to still mine the XMR. Unlike bitcoin which has a fixed 4 million block weight units, the monero has a dynamic block weight & may increase or decrease depending on the demand.",
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      "permlink": "how-to-keep-crypto-funds-safe",
      "title": "How to keep Crypto Funds Safe?",
      "body": "In case you want to secure your funds properly , so that it'll be tougher to access than even the foremost well-guarded wallets. If you will not pay to heed to this then, you may face the danger of your digital wallet being emptied remotely.\n\nLearning a way to securely secure your digital currency may be a crucial tread on your path to financial independence.\n\n\nA private key, that is the genuine key, that allows you to secure &  spend your money. It's just unique figure – one that nobody could  guess. \n\n\n# Digital signatures\n\nWhen you perform a Bitcoin transaction, you create a digital signature by combining your private key with a message. Because you cannot deduce the private key from a signature, it's safe to share, very similar to a public address.\n\nAnyone may compare a public key to a signature to work out if the key's owner signed the message, which could be a neat feature of digital signatures.\n\n\n# Hot wallets\nAny cryptocurrency wallet that's connected to the web is remarked as a hot wallet (e.g., smartphone and desktop wallets). the foremost frictionless user experience is sometimes provided by hot wallets. When it involves transmitting, receiving, and exchanging cryptocurrencies and tokens, they're really convenient. However, convenience frequently comes at the expense of security.\n\n\n# Cold wallets\nMany people prefer to keep their keys offline the least bit times to avoid the large internet attack vector. They use cold wallets to accomplish so. Cold wallets, unlike hot wallets, don't seem to be connected to the net. To demonstrate how this is often achievable, let's break down the procedures required in establishing and broadcasting a transaction.\n\n\n# What's the best storage option?\nThe answer is incredibly captivated with your risk tolerance and the wayyou wish to use your cryptocurrency.\n\n\nAn active swing trader, for instance, will have different needs than a long-term HODLer. If you manage a large-scale institution, you'll generally desire a multisignature configuration, during which many users must agree before funds is exchanged.\n\n\nIt's a smart idea to store the dollars you are not utilising in cold storage if you are a regular user. Hardware wallets are the foremost straightforward solutions, but you ought to start with little amounts to become wont to them. you must also store a backup of your keys elsewherejust in case the device itself is lost or fails.\n\n\nOnline wallets are ideal for purchasing little amounts of products and services. Your mobile wallet, if your cold storage is sort of abank account, is just like the real wallet you carry about. It should ideally be a sum that, if lost, wouldn't put you in considerable financial jeopardy.",
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      "memo": "❗ Hello peerzadaaabid, great that you are using the STEEM blockchain. The Executive Board is publishing insider infos at https://discord.gg/KyBbmhh on how you will be earning the most coins. It's easy, just follow the instructions. THE 1000X BOOSTER KEY is already waiting for you over there too. 😉 Warm regards, The Executive Board."
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      "parent_permlink": "nft",
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      "title": "NFT Art Revolution",
      "body": "In simple words they are digital assets but their remarkable difference  they have with the rest class of the assets is that, they are unique in nature .In lay mans language If you own the  NFT means, you own the unique asset and you can not divide it  into parts as in case of the bitcoin. Non-fungible tokens (NFTs) seem to have grown exponentially this year .\n\n![file.png](https://cdn.steemitimages.com/DQmQkgw5DmW1CkRg9yQnzXKojgm3GWfrs12aFAGXYdWCX3U/file.png)\n\n\n\n\n# How Is an NFT Different from Cryptocurrency?\n\nNFT simply means non-fungible token. It’s usually created using the same kind of block chain as in case of  Bitcoin or Ethereum, but that’s that is the only one similarity.\n\nCryptocurrencies are “fungible,” meaning they can be easily traded and even exchanged for one another. They’re always equal in value means—1 dollar is always equal to another dollar. \n\nNFTs are different. Each has a digital signature that makes it impossible for NFTs to be exchanged for or equal to one another (hence, non-fungible). \n\nNFTs are provably unique crypto tokens that are quickly becoming increasingly popular among digital artists, gaming companies, and investors. Track the NFT revolution on internet.\n\nAn NFT is created, or “minted” from digital objects from the following list\n\n- Art and calligraphy \n\n- GIFs\n\n - Videos and sports highlights\n\n- Collectibles\n\n- Virtual avatars and cartons \n\n - Designer illusionists\n\n - Music\n\n- Source Code\n\n- Tweet\n\n# How to Buy NFTs\n\nThere are large no. of platforms where you can buy sell the NFTs like open sea. And recently launched WazirX NFT market place. In case of selling  the NFT, below are  some the pre-requites you must have\n\nWallet( e,g metamask)\n\nSmall balance of BNB or ETH depending upon block chain \n\n \n\n# Future of NFTs\n\nMost of the NFTs has been created  by the high influencial people and are selling them in million's of the rupees. Recently some of the celebrities have also created NFTs on their names and according to many this is just the beginning of this  revolution. Non-Fungible tokens are getting greater acquainted these days because the fee of the tokens also are growing day with the aid of using day. Even the conventional experts are beginning o go into into the virtual global with the aid of using making their participation within the NFT global. The use instances of the NFT also are growing in particular with inside the gaming systems and conventional artworks.",
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