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Showing posts with the label hot crypto wallet

An Introduction to Cryptocurrency Wallets: Which Wallet Type Suits You Best?

As the blockchain and digital asset ecosystem continues to blossom and produce revolutionary technologies that may potentially be the driving forces of the Fourth Industrial Revolution, newcomers to the space are considering what storage options are available for assets such as cryptocurrencies and crypto tokens. Since the launch of Bitcoin in January 2009, we have seen an evolution in the functionality and security of different wallet types that have been brought to market over the years. Below, you will find a brief overview that introduces the concept of a wallet for blockchain-based digital assets and, after this, we will dig a little bit deeper into different types of wallets such as web wallets, hardware wallets, mobile wallets, and desktop wallets. What Is a Wallet for Blockchain-Based Digital Assets? When you hear the term “wallet,” it might lead you to think about physical storage. For many of us, a wallet is simply a pocket-sized case that is typica...