In the world of cryptocurrencies, a "wallet" is like a safe where all your past transaction history is stored.
\nA direct translation would be "wallet," so I think many people will imagine the kind of wallet we use every day.
\nHowever, it doesn't actually contain the "cryptocurrency" itself, like a wallet.<\/p>\n
Each wallet is linked to an address (similar to an account number).
\nThis address is generated from your wallet and is necessary when receiving cryptocurrency.
\nThis system works by storing records of all transactions made using the linked address, allowing you to view the balance of the address associated with that wallet.<\/p>\n
Furthermore, this address is linked to a "private key" (similar to a password) and a "public key," which are necessary when actually executing a transaction.
\n(I'll explain these two points in more detail in the next chapter.)<\/p>\n
[Types of Wallets]
\n\u2460 Hot wallet
\n- An online wallet connected to the internet.
\n\u2022 High risk of hacking.
\n\u30fbIt can be used anytime as long as there is an internet connection.
\n\u21d2 Web wallets (provided on the cloud), mobile wallets (apps installed on smartphones, etc.), desktop wallets (installed on a computer)<\/p>\n
\u2461 Cold Wallet
\n- An offline wallet that is not connected to the internet.
\n\u2022 While it offers high security, it is also prone to loss or damage.
\n\u21d2 Hardware wallets (stored and managed on devices such as USB drives), paper wallets (stored on paper)<\/p>","protected":false},"excerpt":{"rendered":"
In cryptocurrency, a "wallet" is like a safe that stores all past transaction history. The literal translation is "wallet," so many people may imagine the wallet we use every day. However, like a wallet, "cryptocurrency" itself... Continue reading 05.What is a wallet?<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":1536,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":[],"categories":[1],"tags":[92,91],"acf":[],"_links":{"self":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/column\/1446"}],"collection":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/column"}],"about":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/types\/column"}],"author":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/comments?post=1446"}],"version-history":[{"count":1,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/column\/1446\/revisions"}],"predecessor-version":[{"id":1533,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/column\/1446\/revisions\/1533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/media\/1536"}],"wp:attachment":[{"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/media?parent=1446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/categories?post=1446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.standage.co.jp\/us\/wp-json\/wp\/v2\/tags?post=1446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}