A Crypto Wallet is NOT what you think It is.


If you are new here, please read this.

Your crypto isn’t actually in your “wallet.” It’s on the blockchain. Your wallet simply gives you the ability to access and reassign these funds to someone else. Conceptually, it helps to think of your crypto as being in your private physical possession in your wallet on your phone, but your wallet is really more a key that unlocks a public ledger that allows you to reassign your tokens to another person / key on the ledger.

Just thought I’d share this since I noticed that a lot of users don’t know this.

submitted by /u/certfied_dumbass
[link] [comments]

Generated by Feedzy