What is the function of virtual currency wallet

1.

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

extended information:

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

2.

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

extended data:

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

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

4. 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.

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

6. 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.

7. 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

8. 1. Wallets have to be open source. The download page can be provided through the network cloud disk, or the source code can be published on GitHub
2. There must be a block browser to facilitate all users to query relevant data information
in theory, these two methods can avoid the situation that people tamper with data without bottom line.

9. You put money on the platform. If the platform goes out of business, you will have nothing. If you put it in your wallet, the virtual currency is in your hand. The currency in the wallet of the coin pack website can be transferred freely.

10. I'm net, a digital currency used to buy currency. It's used for consumption on merchant platforms. It's an investment to buy mainstream digital currencies such as usdt and BTC. If my answer can help you, please take it