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nesttech

Custodial vs Non-Custodial: What's the Difference? - NES.TECH - 0 views

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    What are custodial and non-custodial wallets? Picture a fancy bank where you deposit your money, and they take care of everything for you. Custodial wallets work in a similar way. They're provided by third-party folks like exchanges or online platforms, who handle your crypto keys and manage your assets. Basically, you trust them to guard your funds. Now, non-custodial wallets are where the real action happens. They give you the power to be the boss of your digital assets. These wallets enable you to have exclusive ownership of your private keys, which are the cryptographic codes that grant access to your funds. Non-custodial wallets can be software or hardware-based, and they let you store and manage your digital goodies independently without relying on anyone else.
nesttech

NFT Renting: What's the point of Renting in NFT? - NES.TECH - 0 views

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    Ready to dive into a new world where 'renting' takes on a whole new meaning? Welcome to the universe of NFTs - where your favorite digital assets and collectibles aren't just to 'Own' but could also be for rent! Picture this: you've been eyeing that rare digital artwork or snazzy virtual real estate, but the price tag makes your wallet wince. In the real world, we'd rent things we can't buy but want to use - so why should the virtual world be any different? Today, we're about to dive deep into the exciting realm of NFT renting. We'll break down what makes NFTs perfect for renting and how this could be even better than real-world renting. So grab your digital gear, and let's get this show on the road!
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