We’ve covered this topic in depth before, but we’re just giving you a brief overview.
![blockchain wallet backup blockchain wallet backup](https://i.ytimg.com/vi/ivG8eykaSIM/hqdefault.jpg)
The core principle behind blockchain wallet functionality is public key cryptography. You are just updating the blockchain state. Technically, no one is actually sending you money.
![blockchain wallet backup blockchain wallet backup](https://static.okex.com/cdn/assets/imgs/2011/60E110591A1E54F3.png)
These coins, in question, are all digital currencies.Technically, you are not using your bitcoin wallet to store any coins.The first thing you need to do is open up everything you know about traditional wallets. Cryptocurrency exchanges are prime targets for these hacks. However, as we said before, your hot wallet is more at risk of being targeted by hackers/attackers. If you are someone who conducts crypto transactions frequently, you will want to store some of your crypto in these hot wallets. You can easily access them whenever you want, but they are much more risky than the money you have stored in your savings account. Think of this as cash that you carry in your wallet. Your exchange wallet, desktop, and mobile are examples of hot wallets, aka online wallets. So what do you know about Blockchain wallets? Today, through this article, let’s learn about Blockchain wallet and instructions to backup (Back up) Blockchain wallet. Have you ever heard of the term Blockchain wallet? Surely it is, isn’t it? Recently, Block wallet has been mentioned and exchanged by many customers.
![blockchain wallet backup blockchain wallet backup](https://freedomnode.com/content/images/old/e525c19d400334970f649d85eee4afb8cdf733afd919319fb6a413cf0cf08bed.png)
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