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Edition #1
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Created by Fasiha Rauf
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What is a Crypto Wallet?
ArtDott is a platform that allows users to buy and sell digital art using cryptocurrencies, and currently supports the use of two popular web wallets: MetaMask and Coinbase Wallet. A crypto wallet is a software program that enables users to store, manage, and transfer their digital assets, such as Bitcoin or Ethereum, securely. Web wallets, such as MetaMask and Coinbase Wallet, are a type of crypto wallet that can be accessed through a web browser. When a user connects their MetaMask or Coinbase Wallet to ArtDott, they can use their digital assets to purchase artwork directly on the platform. To make a transaction, they would need to authorize it using their web wallet's private key. Web wallets are convenient to use because they can be accessed from any device with an internet connection. However, it's important to note that they may not offer the same level of security as other types of wallets, such as hardware wallets. Users should take steps to protect their private keys and use two-factor authentication to reduce the risk of unauthorized access to their digital assets. Additionally, they should choose a reputable web wallet provider and ensure that their web wallet is always up to date with the latest security patches.
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