Playing With Crypto? You’ll Need a Wallet (or Several)

based on the amount involved,” he said. Multi-signature wallets require two or more private keys in order to make a transaction, making it less likely someone can hack a wallet’s private key.

Your wallet will contain a unique blockchain address for each type of blockchain/currency. This means that your Ethereum address won’t be the same as your Bitcoin address, for instance. Going into “Receive” in your wallet should allow you to see your wallet address for specific blockchains. You can copy that 25- to 30-character string and use it to allow someone to send you cryptocurrency or transfer from another account.

Different blockchains may have different fees associated with transferring money and digital goods. Ethereum, for instance, is notorious for huge “gas fees” that are paid to the crypto miners who help make these transactions happen in order to—supposedly—offset the energy costs of mining crytpocurrency. It’s not uncommon for someone to end up spending more in gas fees than the amount of crypto they were intending to send, or the purchase cost of an NFT.

Read the room 😬

Probably not the best time to get into crypto stuff after this week, eh?

Yup. Leap of faith is all you need to get scammed.

Just don’t

*Annoying buzzer* Ohh I'm sorry. The answer we were looking for is 'destroy all crypto, forever and ever.'

Nope

Wow. Thanks for another good reason to ditch Wired.

Just don't

Oh for fuck sake guys really?

If you’re investing in the Solana ecosystem RadiantWallet is the best!

Bad bad choice of article, WIRED. Did not expect that from you... I would recommend removing everything promoting these global ecology- and economy-catastrophic scams.

Science? Please explain the climate science of NFTs

This article should only be one word following the heading & subheading: 'Don't.'

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