What is a Wallet and what is the best for you?
Discover a Wallet for each inverter type of cryptomones
The Wallets today are very used, since the world of the cryptocurrencies has diminished at levels that about 10 years ago or from a distance was thought. The importance and relevance they have obtained during this time has caused there to exist different Wallets or virtual wallets where to save those digital assets of great value in the market.
Not knowing, how it works one of these technological and financial tools, is not a point that makes it impossible to make transactions with it, but it is no longer learning a little that Treat, and as it is carried out a decoder of the block chain so you can own the coins that you have purchased.
Since a cryptomoned can not be separated from your own blockchain, that's why a wallet can not work as easy as a wallet Save normal money. It has to serve as an encryption unlocking.
In this article, we explore several of these tools, so that when discovering your functions, which benefits you more specifically. For more comfort in your investment and the security that you think better for your cryptoactive.
What is a Wallet and how it works?
In general, a wallet is not literally a wallet where you keep your cryptoactive, but rather: a key. This may also be called. It is not like the typical physical portfolio that we all have, no. This allows you to have the key to have access to your cryptomones that are in the block chain.
It also brings with it the encrypted address where the virtual coins will be sent, then what you are creating when you have your own personal wallet is a house Where you send you your mail, for an example.
In other words, this instrument for the cryptodivisas is a program or software, which gives you the possibility to see every time you want your balance , storing your public and private keys. This acts as a bank account without being a bank account.
How are Wallets classified?
The instruments of the cryptoactants, are arranged according to where they are connected, if the Wallet is one that is online or linked to the Internet, this will be called as:“Hot Wallet”, and if on the contrary, the Wallet is completely separated from the network, it would own the name of “Cold Wallet”
An even greater security is attributed when they are cold wallet, since when not being connected to the Internet, the possibility of hacking it is practically impossible. While the hot wallet, although they are much easier to own and keep close to you are less secure.
The latter could be hacked, several of the platforms that belong to this group, have already gone through the situation of losing cryptomoneds in this way in the past, such as:Binance, Youbit, Poly Networks, among others.
When we read or listen to that they have stolen Bitcoin, ethers or any other cryptomon, it is not because there have been cyber attacks capable of making some of these platforms that are almost impossible to collapse. If you have been able to steal money from these wallets or actually, hot wallets.
Wallet for each person
When we refer to a wallet for each person, we talk about a cryptomoned wallet for each type of investor, and in this simple denomination we encompass questions such as:comfort, security, device in which you want to maintain, etc.. Each of the answers being customized by the investor in question.
1. Distrustless investor: This type of investor plays contradictions while in the market of cryptomones, does not fit much of the platforms which, may have already caused some inconvenience with respect to its Money put in cryptoactive, that's why we consider that the cold wallet would keep it much quieter. Since these small hardware, are physical. They are practically hard drives in miniature size, where to save your secret key.
These can come both in the form of pendrive, small tablets or as a small chronometer. Those who are at the tip of the market are:Ledger Nano X and Trezor One.
2. Investor with great movements of cryptoactive: Although this type of investor is often making transactions, it could also interest you the physical Wallet or Wallet. For reasons of speed and effectiveness of transactions that do with large sums of virtual currencies, it is much more recommended to use Hot Wallets, those like:CoinBase, Trust Wallet, Mask Meta, among others.
These platforms can be downloaded on your mobile phone or directly online by your web pages.
3. NFTS Inverter: This type of inverter is very associated with the network of Ethereum and its digital art files. The best place according to experts to keep ethers is on the platform of metamask. Which is a bridge for DAPPS and its users. You can open your account for the web.
