What is a Wallet?

A blockchain wallet contains the public key for others to transfer cryptocurrency to your address and the private key so you can securely access your own digital assets. A blockchain wallet usually accompanies node hosting and stores cryptocurrencies on your computer. A wallet is where you store your coins, tokens and NFTs. Your seed phrase is the most important part of this wallet. Knowing the seed phrase, you can import the wallet on any wallet provider like phantom, slope, solflare, etc. Once your seed phrase is compromised, that wallet can never be safe to use again, so it is essential that you store it mindfully. The safest place for storing digital assets is offline, what is often called “cold storage.” We recommend using the following wallets for the Solana Blockchain: Phantom, Glow, SOL Flare, or Ledger