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RE: BLOCKCHAIN HISTORY - Wallet Types and Terminology

in #eos6 years ago

Wow the man himself @surfyogi always great to see your blog especially your travel round the world blog, well the truth is, people are losing determination on the platform as for me I'm accumulating steempower cuz I know STEEM will rise again,
Well what makes the safest kind of wallet @surfyogi?

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Safest wallets are often not very convenient.
Convenient wallets are usually much less safe...
Lite wallets are good for most people that don't have a lot too lose.

If you have a large amount of funds, then it's not a bad idea to have the Hardware wallet, then from there, transfer spending allowance to a phone multi-wallet like Edge, that is so convenient for sending and receiving funds.

Hardware wallets are limited in capabilities and usually only support the major currencies that have existed for a long time. BTC, ETH, etc.

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