Virtual currency wallet sub account
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
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
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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
one is your wallet, the other is the third party platform.
for example, mainstream digital currencies such as bitcoin, Ruitai and Laite won't encounter such problems now.
legal representative: Zhang Ming
time of establishment: May 7, 2018
registered capital: RMB 10 million
enterprise type: limited liability company (invested or controlled by natural person)
address: room 1306, unit 3, building 4, Wanda business center, Gongshu District, Hangzhou City, Zhejiang Province