Cryptocurrency Wallet: A Review

Abstract

A blockchain is a growing list of records, called blocks, that are linked using cryptography. Blockchain private and public keys are stored in a cryptocurrency wallet, but not the actual currency values. Wallets provide customers with the ability to send and receive virtual currency / tokens and tune their balance through interaction with blockchains. Multi-currency wallets may be broken down into 3 categories: software, hardware, and paper. Software wallets are web, mobile and desktop. Growing penetration of blockchain in many industries makes one to understand wallets in detail. There are a variety of wallet kinds to pick out from. This paper focuses on multi-currency wallets review exploring on features like supported currencies, anonymity, cost, platform support, key management, wallet recovery methods and fiat currencies supported.