• Wallets are essential to achieve mainstream adoption of blockchain technology.

  • Crypto custody is a rapidly evolving space and a topic of increased focus given industry events, and the influx of new market participants into crypto over the past couple years.

  • Understanding how wallet accounts work is essential to securing your funds.

  • Wallets rely on complex record-keeping, connective, and cryptographic processes to interact with the blockchain.

  • Wallet options are differentiated by the unique ways in which they store private keys, connect to the internet, and sign transactions.

  • Current wallet options face a tradeoff between convenience and security.

  • There must be varied wallet options to meet the needs of a heterogeneous set of users in a decentralized system.

  • Trends point to developers mitigating the convenience vs. security tradeoff and enhancing the functionality of current wallet options.

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