Thank you for attending the lecture in Steemit-Crypto-Academy & doing the homework task-3

How do you secure/restore both types?

In the case of a Centralised wallet, you need to make sure that you still control the registered Email Account, Registered Mobile Number, and back up the 2FA code.

In the case of a decentralized wallet, make sure that you have backed up the Private Key/Mnemonic Key/Keystore File(Better write them down on a paper/notebook and keep them offline).

Give an example of a Web 3.0 wallet and what are the distinct uses of a web 3.0 wallet? Have you ever used any Web 3.0 crypto Wallet? Examples?

A web 3.0 wallet gives direct access to the various dApps such as exchange, lending, trading, game, collectibles, etc. Further, you can also interact with a dApp directly without having to leave your wallet(powered by Smartcontract).

TronLink wallet, Metamask, etc are the best examples of web 3.0 wallets.

Thank you.

Homework Task -3 accomplished successfully.
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