Wayfarer's Pixel (matsurc.base.eth)

Wayfarer's Pixel

🟦 | Exploring the digital frontiers of Web3 in 8-bit aesthetic.

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Daily Crypto Wikipedia ⛓️‍💥 Cryptocurrency Wallet 💰 ​A cryptocurrency wallet is a device, physical medium, program, or online service which stores the public and/or private keys for cryptocurrency transactions. In addition to storing keys, a crypto wallet often offers the functionality of encrypting and/or signing information. ​Contrary to popular belief, crypto wallets do not store the actual cryptocurrency (which resides on the blockchain); instead, they store the keys that prove ownership and allow the user to control the funds. ​1. How it Works ​A wallet contains pairs of cryptographic keys: ​Public Key: Derived from the private key, this is used to generate the wallet address (similar to a bank account number). It can be shared publicly to receive funds. ​Private Key: A secret code (similar to a password or PIN) known only to the owner. It is used to sign transactions digitally, proving ownership and allowing the transfer of funds.

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We will never onboard the world if we ask them to write down 12 words on a piece of paper. 📝 The era of the "seed phrase" is ending. With Smart Wallets and Account Abstraction on Base, onboarding is finally becoming human-friendly. • Log in with FaceID / Passkeys. • Recover accounts via email. • Sponsored transactions (no more "insufficient ETH for gas"). The best technology is invisible. When using crypto feels like using any other app, we win. Have you tried the new BASE Smart Wallet yet? The UX is buttery smooth. 🧈

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