August 2018
Beginner to intermediate
94 pages
2h 37m
English
Content preview from Learn Bitcoin and Blockchain
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Types of wallets
Let's now compare some of the wallets in the following diagram and see what features they provide us with:
We will now look at these wallets and compare the safety and convenience that they provide:
- Web wallets: They are relatively unsafe. Since they are online, they're vulnerable to attacks by hackers. These are very convenient and easy to use because they are online, highly available, and free to use most of the time.
- Mobile wallets: They are equally unsafe. You can use HD wallets to utilize some security features, using seed words and keeping them safe. These are also very convenient because they are available at your ...
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