What is wallet
Explains what a wallet is
Last updated
Explains what a wallet is
Last updated
Wallets allow you to interact with the blockchain network.
They don't actually hold your funds, but they allow you to access, send and receive cryptocurrencies.
Finally, they are just an interface that allows the user to store his private keys in order to access his funds more easily.
You can find wallets in different types:
Paper wallets are a printed piece of paper with keys and QR codes on it that can be scanned to make transactions. They can be considered as cold wallets.
Hardware wallets, on the other hand, are physical devices that do not have direct access to the Internet and are therefore a more secure way to store crypto-currencies. They generate and store private keys without any connection to the Internet. In general, they are suitable for those who do not make regular transactions or invest a large amount of money.
Software wallets are non-physical programs that you download to your computer or smartphone. These are web wallets, desktop wallets and mobile wallets. They are connected to the Internet and the user must always make sure that the computer used is not vulnerable to virus and malware. They are often more suitable for those who want quick access to monitor and exchange cryptocurrencies easily.
In order to interact with the Kalao Ecosystem, you can follow and tutorials.