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Wallets & security

Learn how wallets, accounts and key management affect access to digital assets.

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7 terms

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Access control

The policies and mechanisms that determine which identities may use particular resources or perform particular actions.

Also known as access controls

Cryptocurrency wallet

Software or a device used to interact with blockchain accounts and digital assets, including viewing balances and preparing or authorizing transactions.

Also known as wallet, crypto wallet

Data privacy

The protection and appropriate handling of information about people, including who can access it and the context in which it is used or disclosed.

Also known as privacy

Hardware wallet

A physical device designed to protect cryptographic signing material and authorize blockchain transactions without exposing keys to an ordinary host application.

Also known as hardware wallets

Key management

The policies and processes used to generate, protect, use, back up, recover, replace and retire cryptographic keys and related authorization material.

Also known as cryptographic key management

Multi-party computation

A family of cryptographic techniques that lets multiple participants compute a result while protecting their private inputs under a defined security model.

Also known as MPC

Multi-signature wallet

An account or spending arrangement that requires a specified threshold of distinct signing authorities to approve an action.

Also known as multisig wallet