TokenCard (TKN) is a cryptocurrency token and operates on the the Ethereum platform. TokenCard has a current supply of39,406,760 TKN with 28,922,488 TKN in circulation. The last known price of TokenCard is $0.856526 USD and is down2.98% over the last 24 hours. It is currently trading on 6 active market(s) with $106,069 USD traded over the last 24 hours. More information can be found at http://tokencard.io/.
1. Hardware wallets
Hardware wallets essentially airgap a keypair, they offer an increased level of security but at the expense of usability with a high barrier to entry. They fall short in bringing crypto to the masses and frankly we will probably never see regular users walking around with ledgers dangling around their necks.
They are nice, but ultimately half-way solutions and symptoms of a larger problem. Our goal is enable anyone, anywhere to join this revolution and be properly setup in minutes not days with no upfront cost.
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2. Multi-sig wallets
Multiple signature wallets (Multi-sig), require multiple keys (ideally different people or companies) to sign a transaction before it can be completed.
On Ethereum this functionality has been recreated with smart contracts. The Ethereum Foundation, Consensys, Gnosis, and (tragically) Parity, have all built their own implementations.
These Institutional Contract Wallets are designed to serve projects or companies that hold large amounts of funds and need to share and limit control internally. They are not at all suitable for regular users, in addition to being notoriously hard to use.
3. TREZOR Wallet
Aside from using the Ledger Nano S I also use a TREZOR for storing cryptocurrencies. The “TREZOR one” (formerly known just as “TREZOR”) is the oldest hardware wallet on the market and probably the most reputable one as well.
The TREZOR one has a nice, simple design, a very easy to understand user interface, and it supports Bitcoin, Bitcoin Cash, Bitcoin Gold, Zcash, Dash, Ethereum, Ethereum classic, Litecoin and NEM. The only coin which is missing and has gain massive public attention is Ripple (XRP).
Tips for securely storing your Power Ledger
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
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