How many kinds of coin wallets are there
back up your entire wallet
some bitcoin wallets use many hidden private keys inside. If you only back up the private key of the visible bitcoin address, most of the money may not be recovered from the backup
encrypt online backup
any online backup is easy to be stolen. Even a computer connected to the Internet is vulnerable to malware. Therefore, it is a good security habit to encrypt any backup exposed to the network
using multiple secure repositories
single point of failure is not concive to security. If your backup is not limited to only one place, it is less likely that something bad will happen and your wallet will not be restored. You can also consider using different storage media, such as USB flash disk, paper and CD-ROM.
generally speaking, lightcoin wallet is aimed at lightcoin, mainly lightcoin; Bitcoin wallets are dominated by bitcoin
the corresponding currency ranges are staggered and different; But in terms of market scope, bitcoin accounts for the largest proportion, followed by lightcoin
therefore, in general, the scope of application of bitcoin wallet is usually larger than that of lightcoin wallet; Sometimes, bitcoin wallet is also called lightcoin wallet.
1. General wallet
can support different blockchain tokens. For example, anmao wallet supports BTC, BCH, LTC, ETH, etc, dash and erc-20 series
2. Main Chain Wallet
in order to achieve their own goals, each coin must establish its own main chain, so that it can carry out business. After the main chain goes online, it needs to use the project's own wallet. Just like the green apple wallet of GAC coin, it is a wallet dedicated to GAC trading and transaction clearing
3. Exchange wallet
there are also wallets in the exchange. If the player's currency is recharged into the exchange, the corresponding currency will enter the exchange wallet. The exchange wallet is almost the same as the ordinary wallet. You can fill in the corresponding wallet address when transferring and withdrawing cash, and the corresponding wallet address will be generated for different currencies of each exchange
4. Hardware wallet
generally speaking, the wallet is software wallet, which is a PC program or app. As the name suggests, a hardware controlled wallet can be connected to the network when it is used, and can be stored off the network at other times, so as to avoid exposing the wallet to the network space.
Generally speaking, blockchain wallet is used to store digital currency. In fact, blockchain wallet does not store digital currency, but a tool to store key (private key and public key). With the key, you can have the right to control the digital currency in the corresponding address, and use the digital currency collection address generated in blockchain wallet, You can accept the digital currency transferred to you by others, and you can also transfer the digital currency you own to others.
classification of digital currency wallets:
can be roughly divided into two categories, hot wallet (online wallet) and cold wallet (offline wallet)
first, hot wallet
Hot wallet is also called online wallet, It includes light wallets and heavy wallets (all node wallets). The wallets that need to be connected to the Internet can be directly traded
1. Light Wallet:
does not store the complete blockchain, only stores the data related to itself. It is small in size and can run on mobile phones, computers, web pages, etc
advantages and disadvantages: it does not occupy memory, supports a variety of digital assets, has a good user experience, is fast for novices, but transaction verification is a little slow
2. HEAVY WALLET (full node wallet)
maintains all blockchain data, completely decentralizes and synchronizes all data. It has better privacy and can verify the validity of transaction data locally
advantages and disadvantages: it has better privacy and faster verification of information, but it needs to synchronize data before each use, takes up a lot of hard disk space, and does not support multiple digital currency transactions
Second, cold wallet
cold wallet is not connected to the Internet, also known as offline wallet; For example, professional hardware devices, or private keys (mnemonics) written on paper
1. Hardware wallet
Hardware wallet is to store digital currency with professional hardware, store the private key of digital assets in a chip, isolate it from the Internet, and plug and play
2. Paper wallet
the advantages and disadvantages of writing the private key on paper and then deleting
cold Wallet:
is relatively safe, but it is very troublesome to create a wallet and trade. It is difficult for novices to operate, and the price of wallets is relatively expensive, generally ranging from thousands to tens of thousands of yuan. If you don't have a large amount of digital assets, you don't need to consider
generally, it's recommended for novices to use light wallet. Light wallet is easy to operate and easy to use. Personal used geekwallet
simple and convenient light wallet supports bitcoin (BTC), lightcoin (LTC), Ethereum (ETH), EOS Storage and management of mainstream digital currency assets such as usdt
using bip44 mnemonics, local private key, off-line signature and other security mechanisms, as well as mobile phone and computer al backup strategy, completely solve the loss of digital currency assets caused by hacker attack, virus infection, mobile phone loss, forgetting mnemonics and other ways, and provide users with online Multi Chain digital assets one-stop management service. The platform also has tiaoshao market, which can carry out token trading of physical assets on the chain
