Which wallet is the best blockchain wallet out there?

QBAO Networks: This is a wallet that suddenly appeared in 2018, this wallet is mainly based on the slogan of "wallet + social", covering asset management, social, payment, clearing and settlement and other functions.

Cloudwallet: This wallet is the same as above, it also just came out in 2018, this wallet claims that its biggest feature is that it can support ten mainstream public chains and more than 30 currencies, and the rest of the functions are still unknown.

Kcash: It is known as the first blockchain payment project in China, and the biggest feature is that the wallet currency supports Visa transactions through the issuance of digital currency bank cards.

IDC Wallet: Compared to the above wallets, this wallet is mainly aimed at overseas customers, so it is relatively low-key, which is why, although it has been advanced to the version, it has only recently been widely discussed. He can collapse the chain to support various currencies including Bitcoin, Ethereum, Litecoin, etc., and then support 8 language displays, and at the same time, it also supports crypto-to-currency conversion and decentralized transactions.

1、ledger nano s

Launched in August 2016 for $95, the device is currently the cheapest of the three digital wallets with a screen and one of the most secure wallets focused on Bitcoin.

2、trezor

Founded in 2014, it mainly provides secure storage of bitcoin and has the same spending function as a hot wallet, which is only the size of a thumb.

3、keepkey

A hardware wallet with a large screen, released in September 2015, with a unique recovery mechanism that is not only convenient to use but also very secure, is known as one of the most secure wallets for storing bitcoins at the moment.

4、greenaddress

The wallet has a multi-signature Bitcoin wallet, which can be used on the Internet, PC computer, Android system, and iOS system, and has a multi-signature to greatly improve the security of Bitcoin transfer.

5、mycelium

This wallet is your most popular digital wallet on the Android platform, and it is very convenient to send and receive bitcoin requests, including full key management, cold storage spending, local transactions, and built-in P2P bitcoin transactions.

The Micro Multi-Disk Storage Array is well deserved.

<> is a safe, easy-to-use, and powerful digital asset wallet app.

Now we commonly use Qi Dazhi e-wallets such as WeChat wallet and Alipay, monopolizing the field of mobile payment. The field of digital currency payment is occupied by blockchain wallets, and it is impossible for blockchain high-end wallets to be used in our daily life, so what is the difference between the two?

Let's start with what they have in common. Since they are all wallets, although they are used in different fields, their functions are still the same, such as using them to hold money, transfer money, and receive money. The most basic function is to store and manage currency, followed by transferring and receiving money.

So what are the differences between them?

Difference 1: Storage.

Ordinary wallets can only store fiat currency, while blockchain wallets store tokens issued using blockchain technology. A blockchain wallet is a software program or hardware device that stores cryptocurrency. It can't store all digital currencies or assets, because there are so many types of digital currencies, and the digital currencies stored in a wallet are determined by the developer.

Difference 2: Is it centralized?

Blockchain wallets are decentralized, and regular e-wallets are centralized. When using ordinary e-wallets, users put their assets on the platform for safekeeping, and the platform serves users to ensure the safety of users' funds to a certain extent. When using a blockchain wallet, the user keeps the assets by himself, and has absolute ownership of the assets if he owns the private key of the first package of money.

Difference 3: Is the data reversible?

The data of blockchain wallets is irreversible, and the data of ordinary wallets is reversible. In ordinary wallets such as Alipay due to operational errors, deception and other transfer behaviors, communicate with customer service about related matters, and after the review is completed, you can generally recover the funds that have been deceived or transferred by mistakes such as operation errors, but this is impossible in blockchain wallets, because once you confirm the transfer, there is no longer the possibility of recovery, and you must be cautious when using blockchain wallets.

Difference 4: Variety.

Due to the wide variety of digital currencies, there are also many types of blockchain wallets, which serve different digital currencies; Ordinary wallets are all for fiat currency, the type is relatively simple, and the state has become stricter in its supervision, which also ensures the safety of assets.

That's all for today's introduction to the similarities and differences between blockchain wallets and ordinary wallets. In general, blockchain wallets are used to store digital currency, ordinary wallets are used to store fiat currency, Alipay and WeChat wallets that we use daily are ordinary wallets, and GST wallets and cloud wallets that are the first blockchain are blockchain wallets, understand?

A blockchain wallet is a piece of software that holds the various coins of the blockchain (Bitcoin, Ethereum, etc.).

The key and address are the bank card numbers and passwords in the blockchain world.

The essence of the wallet is to save the key, that is, to save the bank card and password.

Why do you need money to hold the password high? Unlike bank card passwords, blockchain coins are 256-bit binary numbers with no meaning.

There are several terms that must be deeply understood in Ethereum wallets, otherwise it may cause the loss of blockchain assets, these terms are address, password, private key, mnemonic, and keystore. If we take a bank account as an analogy, these 5 words correspond to the following contents:

Address = bank card number.

Password = Bank card password.

Private key = bank card number + bank card password.

Mnemonic phrase = bank card number + bank card password.

keystore + password = bank card number + bank card password.

keystore ≠ card number.

What happens if you forget your wallet information? There are several cases:

1) If you forget the address, you can use the private key, mnemonic, keystore + password to import the wallet to retrieve it.

2) If you forget the password, you can use the private key and mnemonic phrase to import the wallet to reset the password.

3) If you forget your password, and you don't have a backup of your private key and mnemonic, you can't reset your password, you can't transfer tokens, and you lose control of your wallet.

4) If you forget your password, KeyStore will be useless.

5) If you forget the private key, as long as your wallet is not deleted and the password is not forgotten, you can export the private key.

You can use a mnemonic phrase

Pi Cong 7) If you forget the mnemonic phrase, you can import the mnemonic phrase to the wallet through the private key and keystore + password to back up the mnemonic phrase.

8) Keystore forgot, as long as your wallet has not been deleted and the password has not been forgotten, you can back up Keystore again.

Mnemonic words, as can be seen from the above, as long as the private key, mnemonic, keystore+ password have a message there, the wallet is there. Therefore, it is most important to back up your private key, mnemonic, and keystore+ password.

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The wallets on the market are not differentiated, mainly by category:

Centralized wallet: suitable for newbies and easy to manage.

Decentralization. Cold wallets (offline wallets).

Atoken, supports EOS, there are many blockchain games in it, you can experience it if you are interested, IMCoin wallet can store Ether ERC20 standard tokens, HiCoin can be very convenient to manage all your assets on the blockchain, etc.

Let's use the data vault, there are not so many fancy intestines. I use it safely and securely. His name is Weidu.

Choose Kushen wallet, the leader of domestic cold wallets, safe and reliable.

Hello, Kushen wallet.

Yuan Dawei, founder of Kushen, former co-founder of Huobi.com. He founded Beijing Kushen Information Technology Co., Ltd., which is the first player in the domestic digital asset storage industry. As a professional company that provides secure storage solutions for blockchain digital assets, the Kushen Cold Wallet launched can not only store a variety of digital assets, but also use the best communication method to make the private key never touch the network, completely eradicating the risk of being stolen by hackers, so it is favored by the capital market.