Cryptocurrency may seem like a daunting world for those unfamiliar. After all, unlike traditional money that can be stored in a bank account or a physical wallet a person can carry, digital money must be stored differently. Using a combination of private keys similar to a password and public keys for sending and receiving funds, cryptocurrency assets can be stored and transferred on the blockchain.
While the user will always have their public key, web-based wallets will keep the user’s private key to eliminate some of the perceived complexity in managing the complex string letters and numbers tied to a user’s cryptocurrency assets. Unfortunately, this is a double-edged sword as while these keys can be recovered by the platform if they are
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