I'm trying to understand what a locked wallet is. I've heard of crypto wallets, but I'm not sure how a locked wallet differs or what its purpose is. Can someone explain this concept to me?
6
answers
BlockchainBaroness
Wed Mar 26 2025
This type of wallet is designed to prevent unauthorized transactions.
Giulia
Wed Mar 26 2025
In the realm of cryptocurrency, a locked wallet represents a heightened level of security.
GinsengBoost
Tue Mar 25 2025
Another approach involves the implementation of a passphrase, adding an extra layer of protection.
CryptoVanguard
Tue Mar 25 2025
To initiate any activity within a locked wallet, additional authorization is mandatory.
Tommaso
Tue Mar 25 2025
The form of this authorization can vary, providing flexibility to users.