Flits Wallet – The First Decentralized Masternode and Staking App

Flits is a mobile dApp that allows users to earn passive income by staking their crypto or by hosting decentralized masternodes. The platform introduces a variety of new protocols that raises the bar in terms of flexibility and functionality. Here's what makes the Flits Wallet one of the most interesting projects in the sector. Interestingly, Flits originates from the Dutch word 'flash.' Developers felt this name properly described the goal of Flits, to make staking coins easier and faster than…

Looking for an XRP Wallet? Here are the Best Ripple (XRP) Wallets

Ripple (XRP) is a cryptocurrency project created by Chris Larsen and Jed McCaleb under Ripple Labs. It was primarily built as a digital asset to overcome several international banking problems, cross-border payments, and sourcing liquidity. As a result, XRP has remained among the top 10 cryptocurrencies by market cap since 2017. The main target audience of XRP is banks and payment providers, where the speedy settlement time can function as a liquidity source. This allows Ripple to tap new and…

What is Cryptocurrency? – All you Need to Know

Highlights: Cryptocurrencies are a new technology that decentralizes the transfer medium, i.e., currency. Cryptocurrency is different from Blockchain. A Blockchain is a protocol, one of the applications of which is a cryptocurrency. Blockchain is a decentralized network of nodes with various daily applications. Cryptocurrencies use decentralized control instead of centralized digital currency and central banking systems. One can buy and sell cryptocurrencies in a cryptocurrency exchange. Introduction Satoshi Nakamoto, a pseudonym on the internet, borrowed from several ideas. He/she/they posted a…

Ellipal Wallet – The First Air-Gapped Hardware Wallet That Stays Cold Forever

Digital Currencies, unlike fiat currencies, need a cryptocurrency wallet as their safety house pending their use by its owner. This led to the development of both software and hardware wallets as places of storage for cryptocurrencies. Safety of funds has always been a priority with any investment platform; no wonder centralized institutions go the length and breadth to secure its customers' assets and funds. The crypto-sphere has suffered great turmoil in hackers' hands, absconding with crypto enthusiasts' hard-earned funds. It…

An Overview of the Different Types of Cryptocurrency Wallets

Asymmetric Cryptography or Public/Private Key Cryptography is the backbone of the modern information society. They comprise two uniquely corresponding cryptographic keys (basically long random numbers) where the key pair are mathematically related. Whatever is encrypted with a Public Key may only be decrypted by its corresponding Private Key and vice versa. Public Key Cryptography can, therefore, achieve confidentiality. For asymmetric encryption to deliver confidentiality, integrity, and authenticity, users and systems need to be sure that a public key is authentic, belongs…

6 Reasons to Use a Non-Custodial Cryptocurrency Wallet

When thinking about investing in the crypto world, the first thing a rookie has to select carefully is a wallet. A crypto wallet is a software or hardware platform designed to hold the private key to your funds. Selection of a wallet is a task that involves consideration of different variables, including technology, security, speed, reliability, and efficiency.  There are two types of crypto wallets, custodial and non-custodial wallets. The former requires a third party to hold the account's private…

Cobo Wallet – Your All In One Cryptocurrency Wallet

The financial payment system has advanced over the years in several milestones. About fifty years ago, there were electronic payment systems such as Visa Card, MasterCard, etc. The rapid development of technology led to the invention of blockchain technology by a group or falsely yet famously known as Satoshi Nakamoto. Over the years, many businessmen and women have shared concerns about the level of control Centralized Institutions have over people's funds. However, all the developments that have come down the…