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Development of decentralized Wallet

Publish: 2021-03-28 02:38:18
1. Decentralized digital wallet, generally speaking, is a wallet that has no central server, does not need to interact with the central server, and manages (stores, transfers, and accounts receivable) digital currency with private key. The zebra wallet I use is very good. It can be downloaded from the official website. The others are not clear
2. Centralized wallet, also known as off Chain Wallet, completely depends on the company and server running the wallet. bitcoin stored in the exchange is stored in the centralized wallet (off Chain Wallet). The private key is not owned by the user, but in the wallet project side of the centralized server hosting chain, the fund is usually entrusted to the server
private keys and assets are transferred to the wallet for centralized management. Users don't need to worry about the loss of the private key of this kind of wallet procts, resulting in the loss of funds; However, the capital risk will be more concentrated in the wallet project side and server side. When the centralized wallet is conquered by hackers, users will suffer unnecessary losses
decentralized wallets, commonly known as onchain wallets, have private keys maintained by users and assets stored in blockchains
decentralized wallets are often referred to as onchain wallets. The private key is handed over to the user. If the private key is lost, the wallet will not be able to help the user recover, and the funds will be lost forever. But the decentralized wallet is difficult to be attacked by hackers, and users don't have to worry about the self stealing of the wallet service provider
centralized wallets are where assets are stored, while decentralized wallets are where private keys are stored
except for the exchange, it is not recommended to use the centralized wallet, although losing the private key may help you find it. But there is always a risk that the company will run

a decentralized wallet is equivalent to a channel, a channel to control its own assets on the blockchain by mastering mnemonics. For a decentralized wallet, the most important thing is to protect the security of the [private key]

the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
3.

@ block chaining

  1. to make complaints about the center is code open source, you can check, ensure that they will not install viruses and upload your personal data. p>

  2. it doesn't matter if the wallet goes out of business, just export the private key and save it to other wallets

  3. the exchange transfer fee is about 30 yuan per time, and the transfer from your wallet is only a few cents per time

4.

For users,

may be more convenient,

but it hasn't been realized yet

5. Atoken wallet is a strictly decentralized wallet. The official promises not to save the user's mnemonics and private keys. As long as the user keeps the mnemonics and private keys, the digital assets will be in a safe state. There are many wallets in the market that are centralized. Users should pay attention to the risks when using them. Centralized wallets mean that the password and key of assets can be obtained. So digital wallet is better to choose decentralization.
6. The representative of all nodes is bitcoin core
core wallet, which needs to synchronize all blockchain data and takes up a lot of memory, but it can be completely decentralized. Light wallet relies on other all nodes in bitcoin network, only synchronizes data related to itself, which can basically achieve decentralization. Centralized wallet does not rely on bitcoin network, all data are obtained from its own centralized server, but the transaction efficiency is very high, and it can be received in real time. The account you register in the transaction platform is the centralized wallet.
7. Hello, ulord wallet belongs to decentralized wallet, the code is open source, you can rest assured to deposit money in it
to operate the ulord wallet, you need to download "Youyi" first, and then create your own wallet.
8. The safety factor of the decentralized wallet is much higher than that of the traditional centralized wallet, and it will not suffer losses e to the failure of the center.
9. Comparative analysis of centralized server finance and decentralized blockchain Finance
Decentralization: no server, no domain name and no app. The DAPP browser of the third-party Ethereum (ETH) wallet is the entrance, such as coin safety wallet, am wallet, wheat wallet, etc. DAPP can only be read in the block browser< 2. Essential difference:
centralization:
1. The mode and data are stored in the server, which can be modified at will and the outflow of funds can be controlled
2. Financial data cannot be disclosed to investors. Bonus is the financial personnel unified settlement
3. It is possible and feasible to circle money and run away<

Decentralization:
1. The whole business model relies on the automatic execution of eth smart contract, which is separated from human management
2. Financial transparency and bonus block settlement
3< Third, the security of personal information and funds:
centralization:
1. Declaration needs: name, telephone number, ID card, bank card and other information, which is dangerous to disclose personal information
2. The funds are stored in the bank card or centralized wallet of the project party, when the funds enter the site & gt; When the entry funds are decentralized:
1. Without any personal data, it is the ETH wallet address as the identification
2. The funds are stored in the contract wallet address of eth. No indivial or organization can transfer Ethereum. No matter how the funds change, the possibility of money entrapment is eliminated< 4. Bubble and risk analysis

centralization:
1. Development and operation cost 10% - 20%
2. Company profit 30% - 80%
3. Market allocation 10% - 50% as static and dynamic bonus<

Decentralization:
1. No development and operation costs
2. The profit of the technical side is 3%
3. The market allocation ratio is 97% as the static and dynamic bonus

to sum up, centralized projects are bound to die out, and decentralized projects will win the hearts of the people!
10. Part of the code is open source, the core code is not open source
or when it is open source, there is a bug in 10 lines
the development of likelib public chain has the following stages: condensation stage, solid foundation (in the next 1-2 years), improvement of technical design documents, completion of basic mole code development, online main chain, continuous improvement of intelligent contract, multi chain parallel, cross chain consensus and other early functions, improvement of main chain, side face and surrounding ecology, including blockchain browser, light wallet and mobile wallet, Smart contract, virtual machine, compiler, development tools, multi language adaptation, etc. Establish, develop and improve open source community, start and promote more application access
in the integration stage, it will grow steadily (in the next 3-5 years), complete the implantation of more consensus moles, realize the self evolution of network, storage and other moles (support EB level data storage), form a standard technical solution system for docking applications in various instries, and explore a new ecosystem combining blockchain with big data, artificial intelligence and other fields. Form a mature open source community and establish application side chain on a large scale
in the sublimation stage, a technology platform integrating blockchain, big data and artificial intelligence will be established everywhere (in the next five years) to provide comprehensive solutions for the proction and operation needs of instry, agriculture and commerce. Form an open source community with the integration of blockchain, big data and artificial intelligence, and provide a comprehensive value docking and cooperation platform.
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