Crypto & blockchain

Wallets & custody

Where crypto assets are held and who controls the keys.

Terms

3 terms

  • Crypto wallet

    A crypto wallet is software or hardware that stores the private keys controlling blockchain assets and uses them to sign transactions.

  • Hardware wallet

    A hardware wallet is a dedicated physical device that stores crypto private keys offline and signs transactions internally, so the keys never leave it.

  • Seed phrase

    A seed phrase is a list of 12 to 24 words that encodes the master secret of a crypto wallet and can restore every key and…