What’s in a Web3 Wallet? by@golemfoundation
644 reads

What’s in a Web3 Wallet?

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

A web3 wallet is essentially a set of keys which give you access to the blockchain. The keys are strings of numbers and letters, and your private key acts as a password for your cryptocurrency stored on the blockchain. This is how we get two keys: a Private Key and a Public Key. An address is derived from the public key and the passphrase derived from it. When you want someone to send you some crypto, they need to know where to direct it to. An Ethereum wallet address may look like this: 40 long characters.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - What’s in a Web3 Wallet?
Golem Foundation HackerNoon profile picture


Golem Foundation

Enriching the Golem ecosystem. Empowering individuals by decentralizing infrastructure & breaking corporate data silos.

Receive Stories from @golemfoundation

react to story with heart


. . . comments & more!