Web3 has been slow to gain traction outside of the crypto community. While there are many reasons for this, the primary one is that most people don't know how Web3 or cryptocurrency can be used in their everyday lives. However, I am confident that Web3 has the potential to change...
Crypto wallets are a form of digital storage for crypto keys. Unlike traditional currency wallets that are physically seen and touched, crypto wallets could be software, devices, or programs that allow you to store and transact with your crypto assets.
The traditional economy has several issues such as high card transaction fees, zero transparency, and the high population of unbanked adults. To solve these problems, Satoshi Nakamoto devised the first blockchain database and developed the bitcoin concept.