Let’s talk a bit about cryptocurrency wallets. When we mention cryptocurrency, we’ll primarily be referring to Bitcoin. Other cryptocurrencies work in a similar way, and if you’re interested in the specifics, you can look them up on your own.
Despite the ongoing hype surrounding cryptocurrencies and blockchain as a technology, I feel like very few people actually talk about security.
Everyone focuses on the various benefits of blockchain technology, discussions about mining, and the price fluctuations of cryptocurrencies, while security remains critically important — especially when it comes to money or decentralized property ledgers.
Below, we’ll go over cryptocurrency wallets and their security. The more I delved into this topic while writing this article, the more surprised I was that there aren’t more hacks and thefts targeting Bitcoin users. But let’s take it step by step.
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