The Pillars of Web3: Ethereum’s Wallet, Faucet and Layer 2 Solutions

Abstract

Blockchain wallets are not just digital equivalents of physical wallets; they are more akin to personal bankers, integrated seamlessly into the fabric of the Web3 experience. These wallets are the essential interface for interacting with the decentralised web, allowing users to manage their digital identities and assets. The type of Ethereum wallets is the same as the Bitcoin’s, which we have introduced in Section 2.3.