What is Seed Phrase and How to Use It Securely
A cryptocurrency wallet is an endpoint to the world of blockchain and web3 technology. It permits crypto enthusiasts to save, send, receive, and (in some cases) exchange their assets with each other.
While crypto wallets unlock a plethora of new opportunities in terms of security, transparency, and censorship resistance, using them takes basic skills of crypto security and a high-level understanding of how blockchains work.
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What are crypto wallets?
In general, a crypto wallet is a software mechanism designed for storage, sending, and exchanging cryptocurrency. At the same time, a crypto wallet is an address in the blockchain associated with this or that keypair (private and public key). Just like a bank acco...