What's a good wallet for virtual currency
virtual currency wallets and local wallets are wallets specially used to store virtual currency
difference: local wallets are installed on their own computers or mobile phones, while online wallets encrypt the private key and put it on the server
personal computers may be implanted with Trojans; The wallet server also has the risk of being attacked by hackers, and the encrypted private key is cracked. Server security is better than personal computers, but it is easier to attract hackers' attention
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virtual currency Wallet:
there are three main types: Online wallet, client wallet (mobile client, computer client) and hard wallet
1. Online Wallet: it refers to the operation of virtual currency relative to wallet by users in the form of network; The main form is website, which users can visit through computer and mobile phone
2. Client Wallet: it is an installation software, which needs to be downloaded to the computer or mobile phone, and can only be used after installation; This is the type of mobile app wallet that I just mentioned
3. Hard Wallet: it is similar to the wallet in the form of U disk, which is a real type of wallet
local Wallet:
the English name of local wallet is local wallet. Local wallet is to store private key and transaction data in local terminal, such as computer, mobile phone or other local devices; It refers to the storage location of the key, and its concept is independent of online wallet and offline wallet
the English name of local wallet is local wallet. It is one of the terms related to bitcoin wallet in blockchain. Local wallet is to store private key and transaction data in local terminal, such as computer, mobile phone or other local devices; Local wallet refers to the storage location of key, which is independent of online wallet and offline wallet
the local wallet is installed on your own computer or mobile phone, while the online wallet is encrypted and put on the server. Personal computers may be implanted with Trojans. Hackers may steal your wallet files and record your wallet password; The wallet server may also be attacked by hackers, and the encrypted private key may be cracked. Server security protection is better than personal computers, but it is also easier to attract hackers' attention. In terms of security, I think these two types of wallets are similar
to enhance the security of local wallet and online wallet, it's better to set a more complex password, and don't forget it. Both local wallet and online wallet are easy to use and easy to use. Because online wallet is not limited by clients, it is easier to use than local wallet. Bitcoin core, Bitai wallet and bitpai wallet all belong to this category
local Wallet_ Network
in terms of cloth storage and mining, I recommend Heshu hardware wallet and jiajiabao intelligent home miner. The core advantage of the proct is safety
take sum hardware wallet as an example. The advantages of sum hardware wallet are as follows:
1. The private key seed is encrypted layer by layer, physically isolated and never touched the Internet.
firstly, when creating the wallet, the seed password is generated and stored in the local encryption chip, and the 10 bit payment password is required
then, the transaction is made in the wallet. At this time, the user needs to enter the payment password to obtain the private key to digitally sign the transaction, and the transaction is completed. In addition, the private key seed is permanently stored in the chip, which is physically isolated and never touches the Internet. There is no need to worry about my password being stolen by hackers
Second, the bank system verifies the financial level motherboard and encryption chipuses the bank system to verify the financial level motherboard, and the private key seed is stored in the chip. If the proct is stolen or lost, and destroyed by malicious violence, the chip will trigger a self destruct circuit, and immediately permanently and irrecoverably delete all the information in the area
Third, it supports the withdrawal of global bitcoin ATM, which is convenient and fastthe reason why digital assets attract the attention of many fields in the world is that it is creating a global fast circulation, and the larger the circulation field is, the wider the scope is, and the higher its use value is. The core of digital assets is the medium it acts on among currencies. The Heshu wallet has built-in many mainstream exchanges in the world. It can trade digital assets anytime and anywhere. With one machine in hand, it can walk around the world without worry, and no longer have to worry about exchanging foreign currency
Different from conventional digital wallets, multi signature wallets need the authorization of multiple key holders to transfer digital currency, so the security of multi signature wallets is higher. Ordinary Wallet: a wants to transfer a bitcoin to X. A only needs his signature (using the private key) to complete the transaction. Sum Wallet: if a wants to transfer a bitcoin to x, a multi signature verification is set (at least two signatures of Abc3 indivials are required to transfer the money), then a needs B or C to complete the signature (using the private key) when a wants to transfer the money to X. I hope I can help you. Thank you1. 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
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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
you'd better not put it on the platform, policies, hackers, the platform itself, etc.
there are many external and internal security risks
you'd better put it in the cold wallet, absolutely safe
and then the special hot wallet
but you must not lose the key, and never recover it
hope to adopt it