jspωiki
Cryptocurrency wallet

Overview#

Cryptocurrency wallet is a Data Store for your Public Address and Private Keys which can be used to receive or spend a cryptocurrency and may contain multiple Public Addresses and private key pairs.

Cryptocurrency wallet is used to store the Credentials used to be able to make cryptocurrency transactions as, typically, the cryptocurrency is on and inseparable from the underlying blockchain or other Distributed Ledger Technology

Cryptocurrency wallet allows you access to your Private Key, which makes it possible to digitally sign a transaction and write it underlying blockchain or other Distributed Ledger Technology, effectively spending or transfering the associated cryptocurrency.

Losing your Public Address or Private Key is losing you cryptocurrency.
Sharing your Private Key like giving them full access to your bank account.

There are many types pf Cryptocurrency wallets:

Cryptocurrency wallets may be run locally or as Software as a Service where the Cryptocurrency wallet Service Provider "hosts" the wallet.

More Information#

There might be more information for this subject on one of the following: