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RE: Crypto Academy Week 3 Homework Post for [@Sapwood].

in SteemitCryptoAcademy4 years ago

Thank you for attending the lecture in Steemit-Crypto-Academy & doing the homework task-3.

Multi-chain wallets are essential for people who only dedicate themselves to one main cryptocurrency and their family, as in the case of Bitcoin or Ethereum, this can be Hardware or Software.

A multichain wallet may not necessarily represent a single-family(Blockchain) and its tribes. It can also be a family of heterogenous Blockchains.

In fact, these days Multichain wallets with web 3.0 features are more prevalent than the others and Single-chain wallets like TronLink and Metamask are for targeted use. Both types are quite popular today.

The best example I can give of a wallet with Web 3.0 technology is the wallet that I have used the most, as I said before this is Metamask, created on July 14, 2016. Metamask bridges the gap between Web browsers and DApps, allows interaction with DApps on the Ethereum Blockchain, allows users to interact with DApps on the Ethereum Blockchain.

In deed, Metamask is popular web 3.0 wallet and with the DeFi boom, its use and relevance has definitely galvanized the use-case of a Web 3.0 wallet.

Thank you.


Homework Task -3
[7.5]

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Thanks teacher!

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