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What are web3 wallets?

DEV Community·Temiloluwa Akintade·21 days ago
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Metamask, Phantom, Rabby and a plethora of others... what is all the fuss about? If you have a mobile device and are connected to the internet, chances are, that you have come across, heard about, seen or even used a web3 wallet. Metamask, Phantom, Rabby, Trust, OKX... the whole shebang. This article will provide a high-level overview of web3 wallets and how they work under the hood. Basically, web3 wallets are software or hardware products that can connect to and communicate with the blockchain to read or modify its state. You might be wondering, hardware? Yes, there are hardware wallets, physical, hand-held devices that serve as wallets. More on that in a bit. Private keys, recovery phrases... Web3 wallets are secured using seed phrases, those 12-24 words you are shown when setting up a wallet, I wrote on how it is generated here .…

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