'What is the Future of Crypto Wallets?' by marvelkalu cryptowallet decentralizedinternet
These and many more thoughts have clouded my mind in the past few weeks and I thought it nice to elaborate on the future of consumer wallets.
Crypto wallets are devices or applications that enable crypto users to manage their cryptocurrencies. It allows users to safely store, send or receive cryptocurrencies. An ideal crypto wallet has the following features Web Wallets: Crypto users can assess their web wallets through the web without any requirement of downloading an application. Some web wallet providers hold and manage your private keys on your behalf Examples of wallets in this category include coinbase, Binance, etc
While there are currently several wallets for crypto users, my opinion remains that to onboard the next 100million users into web3.0, there needs to be more functionality for the present crypto wallets than just execution of transactions and storage of assets.While many crypto wallets to date have been built to enable just crypto transactions, they fail in many functional areas.
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