Quick Take
- Crypto wallets do not store crypto, and crypto stays on blockchain, even if it’s burnt.
- Many web extensions store private keys on users’ computers, which is risky.
- Being able to access crypto ≠ owning it.
- Hardware wallets and two-factor authentication may be insecure.
Need more mind-blowing facts and explanations? Check out the OneArt article.
1. Your wallet is just an interface and doesn’t store crypto
Crypto wallets work differently from digital wallets we’ve got used to. Actually, it doesn’t store your assets…
Continue reading on our new blog: https://oneart.digital/en/blog/8-crazy-things-you-should-know-about-crypto-wallets#1-your-wallet-is-just-an-interface-and-doesn%E2%80%99t-store-crypto
