Crypto Wallets in the DeFi Ecosystem: Opportunities & Challenges

Blockchain transactions are easily traceable. However, your identity is not so easy to detect. So, blockchain privacy has its own "buts".

A physical wallet is primarily for storing fiat money. Crypto wallets, on the contrary, are designed for storing cryptocurrency (digital money).

Unlike fiat money, a centralized bank has no influence on determining the cryptocurrency price. How then is the price of crypto determined?