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Cardano Ecosystem

Cexplorer

02/19/2024

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Understanding Light Wallets

Most people who decide to self-custody their assets use light wallets.

Understanding Light Wallets

Most people who decide to self-custody their assets use light wallets. This also applies to those who use hardware wallets such as Trezor and Ledger. 

These wallets connect to a full node operated by a third party. Users choose not only light wallets but also a third party that they must trust. In this article, we will explain how these user-favorite wallets work. Installation of Light Wallets You can install the wallet as an application on your computer. 

A more popular method is to add an extension to your browser. You can start using Cardano wallets like Yoroi, Lace, Nami, Eternl, Flint, and others as a browser extension. This is the fastest and probably the most secure way to get a wallet. 

Always double-check that you are getting your wallet from a secure source. Fraudsters som Read article: Understanding Light Wallets

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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