The difference between a wallet and an account

in #wallet5 years ago

An account is what you own, control, and use to perform different activities. An account is also used to earn tokens that can be stored in your wallet. This means that you have full control over your account and you can use it to earn more coins in your wallet because you have your account.

The wallet where you keep your tokens or crypts just like your pulse bank account. You tend to import and transfer your tokens using your wallet. The wallet is also used to save, recover and transfer tokens from one person to another. This is your personal presence.

The similarity between an account and a wallet is that a wallet is always created in an account, but cannot be created in an account. A good analogy can be made using Steemit as a case study.

We all have a Steemit account, which we use to perform various activities to win the Steemit and the Steemit tokens with SP. These markers are used in our upright wallet for storage and other processing. This means that the wallet always comes from the vertical analogy in the account.

As a result, they think that the account and wallet are the same, but they are completely different, although they are completely different. It should also be noted that not all accounts have wallets.

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