Blockchain wallets and smart contracts basics
Blockchain wallets and smart contracts basics Blockchain wallets are the tools you use to manage digital money and to run programs on the blockchain. A wallet stores keys, not coins. The keys prove you own assets and allow you to sign transactions that move funds or interact with apps on the chain. There are several types of wallets. Hardware wallets are small devices that keep your keys offline. Software wallets are apps on a phone or computer. Custodial wallets are managed by a service, where the company holds your keys for you. Non-custodial wallets give you sole control of your keys, but you are responsible for backups and keeping the device safe. ...