Cryptocurrency Q&A What is an on chain wallet?

What is an on chain wallet?

CryptoVisionary CryptoVisionary Sat Oct 26 2024 | 7 answers 1798
I'm interested in learning about cryptocurrency wallets. Specifically, I want to know about on-chain wallets. What are they, and how do they work in the context of blockchain technology? What is an on chain wallet?

7 answers

Davide Davide Mon Oct 28 2024
Each transaction initiated from an on-chain wallet leaves a trace on the blockchain.

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SsamziegangSerenadeMelodyHarmonySoul SsamziegangSerenadeMelodyHarmonySoul Mon Oct 28 2024
On-chain crypto wallets represent a specific category of digital wallets.

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EthereumEmpire EthereumEmpire Mon Oct 28 2024
They facilitate transactions that occur directly on the blockchain network.

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PulseRider PulseRider Mon Oct 28 2024
This direct interaction with the blockchain distinguishes them from other wallet types.

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TaekwondoMaster TaekwondoMaster Sun Oct 27 2024
This trace is recorded in the decentralized ledger that forms the backbone of the blockchain technology.

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