1. PixelPlaygroundHome
  2. Blockchain Briefs

Why does a wallet need to be synchronized (what is the use of wallet synchronization)?

• Blockchain Briefs • 160 views

Why does a wallet need to be synchronized? Today, we will discuss why a wallet m

Why does a wallet need to be synchronized (what is the use of wallet synchronization)?

Why does a wallet need to be synchronized? Today, we will discuss why a wallet must be synchronized.

First, we need to understand how to combine a wallet with a browser extension: After opening the wallet, users need to use the command line interface in the browser. Click on “Mine” and then search for it on the computer (Note: Windows or MacOS operating system). At this point, you can download and install applications and software in different ways. What would happen if this functionality didn’t exist? For example, if there is a new smartphone application or a new application, it would be easier to upgrade Android devices because its client has been updated. However, when others cannot see it, they will remove the old wallet. Therefore, to ensure the security of the wallet and prevent hacker attacks, developers have to redesign and restart the wallet, which is a big problem for the wallet.

Secondly, from another perspective, although many blockchain projects have various technical solutions, these technical solutions are not really integrated. For example, Lightning Network, etc. Therefore, let’s take a look at the differences between wallets and mobile wallets. (I am Yan Nan, a journalist from Odaily Star Daily. To explore the real blockchain, please add WeChat nangua421262 for leaks and discussions. Please kindly state your name, organization, position, and reason.)

What is the use of wallet synchronization?

According to Bitcoin news, a vulnerability was found in the synchronization function of Ethereum wallets, leading to the compromise of user funds. This issue is caused by data leakage or loss due to the wallet’s interaction with other nodes on the network when sending and receiving information. Therefore, the wallet synchronization function used in blockchain browsers can facilitate communication, transactions, data exchange, and other operations between the two, providing a reference for applications and developers who have used the wallet.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/25262/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 08/20/2023 06:04
Next 08/20/2023 06:26

Recommended articles