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Foundations / Explained visually
The words behind the wallet
A jargon-light glossary for wallets, seed phrases, exchanges, chains, bridges, and DeFi.
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The idea,
in words.
Access and destination
A wallet manages keys. An address is a public destination or identifier used on a network. They are related, but not the same thing.
Two things to protect
A private key authorises actions through signatures. In many wallets, a recovery phrase can recreate the keys.
Different systems
A network maintains its own record. A bridge connects activity across networks and introduces additional technical and trust risks.
Programs with consequences
A smart contract is a program on a blockchain. DeFi uses such programs for financial activity. Understanding the words helps you inspect the risks.