What's the use of virtual currency wallet

1.

virtual currency wallets and local wallets are wallets specially used to store virtual currency

difference: local wallets are installed on their own computers or mobile phones, while online wallets encrypt the private key and put it on the server

personal computers may be implanted with Trojans; The wallet server also has the risk of being attacked by hackers, and the encrypted private key is cracked. Server security is better than personal computers, but it is easier to attract hackers' attention

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virtual currency Wallet:

there are three main types: Online wallet, client wallet (mobile client, computer client) and hard wallet

1. Online Wallet: it refers to the operation of virtual currency relative to wallet by users in the form of network; The main form is website, which users can visit through computer and mobile phone

2. Client Wallet: it is an installation software, which needs to be downloaded to the computer or mobile phone, and can only be used after installation; This is the type of mobile app wallet that I just mentioned

3. Hard Wallet: it is similar to the wallet in the form of U disk, which is a real type of wallet

local Wallet:

the English name of local wallet is local wallet. Local wallet is to store private key and transaction data in local terminal, such as computer, mobile phone or other local devices; It refers to the storage location of the key, and its concept is independent of online wallet and offline wallet

the English name of local wallet is local wallet. It is one of the terms related to bitcoin wallet in blockchain. Local wallet is to store private key and transaction data in local terminal, such as computer, mobile phone or other local devices; Local wallet refers to the storage location of key, which is independent of online wallet and offline wallet

the local wallet is installed on your own computer or mobile phone, while the online wallet is encrypted and put on the server. Personal computers may be implanted with Trojans. Hackers may steal your wallet files and record your wallet password; The wallet server may also be attacked by hackers, and the encrypted private key may be cracked. Server security protection is better than personal computers, but it is also easier to attract hackers' attention. In terms of security, I think these two types of wallets are similar

to enhance the security of local wallet and online wallet, it's better to set a more complex password, and don't forget it. Both local wallet and online wallet are easy to use and easy to use. Because online wallet is not limited by clients, it is easier to use than local wallet. Bitcoin core, Bitai wallet and bitpai wallet all belong to this category

local Wallet_ Network

2.

The digital currency wallet is the hardware wallet, which means that the private key of digital assets is stored in a single chip, isolated from the Internet, plug and play. Hardware wallet can't guarantee 100% security. For example, if a geek gets your hardware wallet and doesn't know your private key, it may be cracked by violence. It's just one of the safest storage methods compared to other storage methods

many block chain entrepreneurs at home and abroad are optimistic about the development of this field, so they begin to build more hardware wallets. In the case of the exchange being stolen a lot of money and the software wallet being stolen from time to time, many investors regard the hardware wallet as the last moat

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whether the hardware wallet is safe

the hardware wallet can not guarantee 100% security. For example, if a geek obtains your hardware wallet, it may be cracked violently even if it doesn't know your hardware wallet immediately. It's just one of the safest storage methods compared to other storage methods

of course, there are exceptions, such as you have unlimited brain power and never forget. It's better to save it anywhere than in your own mind

3.

1. Different in nature

putting virtual currency on the platform is controlled by the platform, and putting virtual currency on the wallet is controlled by yourself

2. Different security

if the platform fails, the money will be gone, and the virtual coin will be put in the wallet. No matter whether the platform fails or not, the virtual coin will not have any loss

3. Different transactions

virtual currency platform can be sold or traded in public, while virtual currency wallet can only be traded in private

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the risk of virtual currency:

1, model risk

virtual currency is not real currency, there is no central bank behind the total control and macro-control, its value depends entirely on its supply

2, liquidity risk

virtual currency is often e to the lack of market depth, after irrational prosperity thinking or sudden panic, the market price rises and falls sharply, it is difficult to buy or sell at a reasonable price, especially when a large number of funds or a large number of virtual currencies enter the market

3, platform risk

at present, many virtual currency platforms need to deposit funds into the platform to buy or sell. In order to attract investors, some platforms often offer free service charges, but some free platforms are risky

4. It's a tool for managing and using digital currency.

5. The essence of a blockchain wallet is a private key, which is a random hash string. If you have the private key, you have the right to use the wallet. According to the storage method of the private key, it can be divided into cold wallet and hot wallet
cold wallet refers to the wallet where the network can't access your private key. Generally, it will take a notebook to record it. Although it avoids the risk of being stolen by hackers, it may also be lost
a hot wallet is a wallet that can access your private key on the Internet. Hot wallets are often in the form of online wallets, which are not easy to lose, but also have risks.

6. Bitcoin is your money, your wallet is your tool for storing bitcoin, and the address is the interlayer in your wallet.

7. Kushen digital currency wallet guarantees that the user's private key will never touch the Internet. Its core function is to construct the transaction process offline in Kushen wallet and sign the transaction digitally
at the same time, Kushen users can set seed password and payment password to strengthen the multiple protection of Kushen wallet
the layered certainty of Kushen digital currency wallet allows users to manage multiple bitcoin addresses with a single seed password
Kushen digital currency wallet is easy to use. Kushen users can set service charges and multiple target bitcoin address book on the wallet to facilitate the management of multi account digital assets
Kushen digital currency wallet has only one screen as a single output device and only one camera as a single input device. He communicates with Kushen Internet app through two-dimensional code communication.

8. Hello

bitcoin wallet client is a convenient way to transfer money on the Internet without trust middleman. Third parties cannot control or block your transactions. It avoids the hidden danger caused by the bad policy and instability of the central reserve bank

usage:

1. First, click the "send currency" button
2. Fill in the address of the opposite party's account in the "payment to" text box, fill in the number of bitcoins you want to pay in the "amount" text box, and then click the "send" button to complete
3. You can input "tag" to save the account and address of the other party to your address book
4. If you want to pay more than one person at the same time, click the "add recipient" button to add

source: sousou.com

9. Cash withdrawal is relatively fast. Recently, I put all the coins in it. I feel it's OK. I don't know what will happen later. It seems that there is no problem at present.

10. Store virtual currency, guarantee, transfer and other functions.