How to Recover Your Trust Wallet Recovery Phrase
Автор: Rexford Emmanuel
Загружено: 2021-10-13
Просмотров: 764
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How to secure Recovery Phrase and Keep Your Trust Wallet Phrase Secured
How does Trust Wallet work?
Trust Wallet acts as a bridge that connects to individual blockchains that is integrated to it. Every blockchain has their own set of public addresses. These addresses are where the Crypto are encrypted 1.6k and stored.
Trust Wallet does not hold or control any Crypto 427, it just gives the user access 288 to it if they own the correct Private Keys or Recovery Phrase.
Trust Wallet is free to use and can be downloaded for free. The fees that you will see on the app are all paid to the miners or validators of their own respective blockchain. Trust Wallet does not collect or gain anything from these fees.
Trust Wallet helps you manage your addresses, in order to send and receive Crypto. The app also provides the user the ability to do other Crypto transactions, like trading and stakingWhat is Trust Wallet?
Here is a quick breakdown:
A decentralized wallet, that encrypts the keys to your cryptocurrency wallet.
A user controlled wallet, where only the user has full control over their funds.
Can be used to access DApps after a user gives their permission to interact with them.
Does not keep any personal information of anyone who uses the app.
Does not hold any user funds, everything is on the blockchain.
Main goal is Making Crypto More Accessible by allowing anyone to freely use the app.
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