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Author Topic: What is a crypto-wallet? How to protect your funds? Free Ton project wallet.  (Read 661 times)

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Hi, today we are going to discuss one of those popular topics, and we will analyze what prospects, or disadvantages, there are about cryptocurrency wallets.
A crypto-wallet is a high-tech program that can be used to send, receive, and store crypto-assets with minimal risk of losing them.
To choose a wallet first of all you need to decide for what purposes it is needed? And what will be the frequency of its use, and undoubtedly what amounts will be stored in it so as not to worry about anything. After all, the main feature of the cryptocurrency is that it is simply not subject to any bank. And one of the first tasks to do at first is to get a crypto-purse, and understand a lot of things.

What are the main criteria for choosing a crypto-purse?
1. Usability - the easier everything is designed, the more pleasant it will be to use, and if everything is satisfactory, you can get acquainted with the wallet in more detail.
2. Safety: how anonymous is a wallet? Do I need a proof of identity to use it fully? What encryption mechanisms are currently used?
3. Functionality - check whether the wallet fulfills all requirements, which tokens are supported, and if everything is fine.



What are crypto-purses? How not to make the wrong choice?
1. Web wallets-access to which you can get lightning-fast through any browser/device you like.
2. Hardware wallets store user keys on an external device, since their keys are generated locally, and are not transmitted to the Internet.
3. Local wallets- they are downloaded to any of the devices. But the big difference between them and others, is that you can enter the account only from the device on which it was installed.
4. Mobile crypto-wallets are an application for any smartphone. Convenience and functionality is the first thing to note. After all, carrying a smartphone in your pocket you can make any transaction.
5. One of the most trite, but still popular methods is to print out all the passwords/sidestore phrases/private keys, and put them into a notepad. It is clear that this method requires minimal cost, but it is impossible to say that it is not popular.

Rating of the most popular crypto-purses so far. And also the number of user visits per month, and the number of installations of the application.

It is impossible not to note that each of the wallets in the list is convenient to use. And thus, mobile wallets are great for everyday transactions from your smartphone, or for viewing actual cryptocurrencies and their value. Although smart wallets are popular, it is worth noting that they are also vulnerable to hacking.
That's why I want to touch on another topic - do wallets give full protection? Is it possible to fully rely on the security system?

Each wallet provides its user with a measure of protection, and each has its own measure of protection.
1. Updating the software. Constantly monitor the updates, some may say that this is not a necessary thing. But it is more likely that the new versions will improve the security measure. So it is necessary to monitor the updates, not only on your computer, but also on your smartphone, as it is the same as the computers are to some extent exposed to danger.
2. Adding additional layers of security. For some reason most people constantly ignore the point about 2F authentication, or adding multiple passwords. To minimize the chance that your money can be withdrawn in case of hacking.
3. A backup copy of the computer. Rather, it is worth keeping small amounts for constant use, so that in the case of their loss do not regret, because wallets are often hacked.
And the same use Ledger, Usb paper wallet, protect you from various failures that may occur, and it is with their help quickly will be able to access their money.
4. Creating a complex password. Not unimportant part of which is worth in some way to focus their attention. You should not create passwords on the type: car, dog, bedroom, tea. The password should make a non-existent words, and dilute it all with numbers, and try not to forget about it, whether you create a wallet, or create a page in the social networks.
The Free Ton project has its own wallet, which all users who use the Ton token know about, and actively figured out what's what.


Also, when you create an account in Free Ton wallet in the first place is shown a personal Sid-phrase for each user. If you lose it, alas, no one can do anything to help you. And if you do not save it, you can lose not only access to the wallet, but also to all the funds that are stored there.

Also, when you create a wallet, you can create a password code that you will need to constantly enter when logging into the wallet, or set up Face Id if you own an Apple device. And there is no confirmation of identity as it can be on some wallets.

How do I send crystals to another user?
1. Press the "Send" button below.
2. After that, a window pops up to enter the recipient's address, and also at the bottom you can write "Comment" To send Ton to the Kuna exchange, Memo must be entered in the comment field, so as not to lose the transaction in the network.
3. When crystals are sent, you can open chat and see that they have reached the recipient.
4. After this operation, you can already look at the "Balance" and that the withdrawal has passed, and everything is fine.
5. Chat between the recipient-sender is a great addition, which in the future will be implemented.
Several times a month there are small updates, like solving problems that most users have with login, or various bugs.  More and more new languages are being added to reach new users if they are interested in the Free Ton project in the first place.  And also an integral part is: work on the interface itself, and the protection of the wallet from various hacks.
Below you can read more about our security rules:


And also can not fail to note that each of us can contribute ideas for development, and in fact in the identification of problems that you may have seen when actively using the application itself.
Conclusion: Cryptocurrency wallets were, and will be popular among active users, and therefore it is obviously worth highlighting the disadvantages/advantages before moving on to their active use. And also today we've broken down about the most popular crypto wallets, and actually about Ton Surf wallet of Free Ton project.

Thank you all for your attention, I hope this article was useful:) ;) 8)
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