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What is a Crypto Wallet?

The use of a crypto wallet is a crucial first step to using Bitcoin or any other cryptocurrency in circulation. Crypto wallets are a software program that stores the public and private keys necessary for trading various cryptocurrencies through the blockchain.

Think of a crypto wallet like you would a bank account as the two are very comparable. Just as how your bank account serves as an interface to the conventional monetary system, a crypto wallet operates in the same way.

The private and public keys stored within a crypto wallet serve as nodes that allow the wallet holder to send and receive crypto tokens along with monitoring account balances. What makes a crypto wallet different from a bank account is that it does not store currency at all, only records of transactions.

America is undergoing a historic transition. The #BlackLivesMatter movement has prompted protests in 145+ cities around the world. Young and old of all races, genders and nationalities have hit the streets over the last two weeks to raise their voices together against injustice, police brutality and systemic discrimination.

As peaceful protests deteriorated into riots, it became clear that people were not just upset about racism, they were fed up with the abuse of authority that has pervaded modern society. Mandatory lockdowns, lack of adequate or accessible healthcare, a financial system that has shelled out billions of dollars in commercial bailouts, the growing wealth divide – all of these recently prevalent issues were just the tip of the iceberg.