Cryptocurrency wallets do not store crypto tokens directly. Instead, the tokens are maintained on the blockchain network. These wallets are designed to keep private and public keys, along with the necessary passwords for accessing these digital assets. Crypto wallets can manifest in various forms, such as a device, a program, a piece of software, or an application.

Articles (110)

Latest

Beginner

What Is UTXO?

An Unspent Transaction Output (UTXO) refers to the amount of cryptocurrency left after a transaction, which can be consumed at any point in time.

Jan 24, 2023

Beginner

What Are Fractional NFTs?

Fractional NFTs are based on the premise of making fungible something non fungible. By fractionating an NFT, it is possible to create a shared ownership.

Jan 24, 2023

Beginner

What is Magic Eden: Solana's NFT Marketplace?

Magic Eden is the premier NFT marketplace on the Solana blockchain. Its main features are zero listing fee and reduced transaction fees.

Jan 24, 2023

Beginner

Merkle Tree and Merkle Root in Blockchain

A Merkle Tree is a structure used to verify and maintain data integrity in a set. Merkle trees and Merkle Roots are employed to verify transactions.

Jan 24, 2023

Beginner

What Is Bored Ape Yacht Club (BAYC)?

The BAYC NFT Collection is a compilation of 10,000 unique NFTs built and stored as ERC-721 tokens on the Ethereum blockchain with unique traits.

Jan 24, 2023

Intermediate

What Is the Rainbow Chart?

The Bitcoin Rainbow Chart is an indicator largely used by Bitcoin enthusiasts and shows its price evolution over time with the possible mood of the investors.

Jan 23, 2023

Beginner

What is Permaweb?

Permaweb is like the normal web, but everything we see in it is permanent, verifiable, and embedded in a blockchain buried under hundreds of millions of hashes.

Jan 23, 2023

Beginner

What is the Beacon Chain?

The beacon chain is the first phase in the proposed ETH 2.0 roadmap designed to develop the Ethereum network.

Jan 23, 2023

Beginner

What Is a POAP NFT?

A POAP is a kind of NFT given to event attendees as a reward for their participation, known as "an ecosystem for the preservation of memories".

Jan 23, 2023

Beginner

What is Crypto Insurance?

Crypto insurance is a policy designed to cover institutional or personal losses incurred as a result of holding digital assets.

Jan 23, 2023

Beginner

What Is the Ethereum Name Service (ENS)?

A bridge between social networks, cryptocurrencies, communities, and web 3.0

Jan 23, 2023

Beginner

What Is a Security Token Offering (STO)?

Security Token Offerings are initial public offerings of tokens representing a security. The STO formula is derived from a combination of IPOs and ICOs.

Jan 23, 2023