{ claus.conrad }

Cryptocurrency

Resources

Brokers

Discussions

Wallets

  • Blockchain.com account
  • Blockchain.com [[#DeFi wallet]]
  • Coinbase.com account
  • Coinbase Wallet
    • a [[#DeFi wallet]]
    • Android, iOS
    • Supports Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Polygon (MATIC), BNB Chain (BNB), Optimism (OP) and all Ethereum-compatible chains
  • MetaMask
  • Trust Wallet

Glossary

Address

A shorter, more user-friendly representation of a public key. It is created by applying a series of cryptographic hash functions (e.g., SHA-256 and RIPEMD-160) and encoding (e.g., Base58 or Bech32) to the public key. The public address is what you share with others to receive funds in a cryptocurrency transaction.

Custodial wallet

A wallet where the provider is in possession of the private keys (protecting the funds) and grants users acccess using credentials, such as username/password, passkey, two-factor authentication, email verification, etc.

DeFi wallet

See [[#non-custodial wallet]].

Non-custodial wallet

A wallet where the user (owner of the funds) is in possession of the [[#seed phrase]], so the funds can be accessed using another wallet if one is inaccessible.

Public key

A public key is a cryptographic key derived from a private key using asymmetric cryptography (e.g., elliptic curve cryptography in Bitcoin and Ethereum).

Recovery phrase

See [[#Seed phrase]].

Seed phrase

A list of 12, 18 or 24 English words that can be used to generate the cryptographic “seed” that one or more keypairs are derived from. Assuming the same algorithm is used, generating keys using the seed phrase will always result in the same keys. Thus, protecting the seed phrase is essential.

Wallet

A collection of one or more addresses (able to own funds) protected by a seed phrase or login.