We will be talking about everything Web3 and Blockchain. Apart from the weekly Podcast, we will also use this platform to include keynote speeches our team presents. We will keep this light and fun, and easy to listen to. We will dive deep into the technology from time to time, but our goal is to educate and bring all of you on the Web3 journey with us.
We will talk about popular technologies such as Blockchain, Development, NFTs and Crypto, and please be advised whatever is spoken about here is not financial advice.
The episode presents an interesting talk on various types of digital wallets, their roles, advantages, and challenges. The knowledge is shared by Darren Rogan who has a deep experience in tech startups and blockchain consulting on operational and security components of digital wallets, whether custodial and non-custodial. The discussion stresses the fact that one should be aware of the responsibility that comes with managing digital wallets, particularly in terms of private key and asset protection.
FTX scandal demonstrates the importance of regulatory activities and educational campaigns aimed at consumer safety. The talk is about the importance between conveniences and security in managing digital assets and the transformation of blockchain technology that underpins digital wallet.
Types of Digital Wallets: Custodial and non-custodial wallets and their advantages and disadvantages.
Security and Responsibility: Private key handling and security problems of digital wallets.
What's the difference between a custodial and a non-custodial wallet?
Is MetaMask a custodial or non-custodial wallet?
What is the difference between custodial and non-custodial accounts?
What is the difference between self-custodial wallet and custodial wallet?
What are the disadvantages of a custodial wallet?
Is CoinSpot a custodial wallet?
What is an example of a custodial wallet?
Which crypto wallets are custodial?
Regulatory and Educational Needs: Reflection on the influence of the recent cryptocurrency exchanges crash on perception and control in digital wallets.
What are the main dissimilarities between the custodial and non-custodial wallets and how are these differences reflected in the control of the assets by the user?
What are the different types of custodian wallets?
What is the difference between self-custody and cold wallet?
How does a self-custody wallet work?
Are self-custody wallets safe?
Are hot wallets custodial or non-custodial?
Why are custodial wallets bad?
What is the advantage of custodial wallet over non-custodial wallet?
Is it possible for the events in the world of crypto such as the fall of FTX to stress the importance of wallet security and regulatory control?
How can individuals protect their funds in digital wallets?
In conclusion, the Episode 13 of the “Blockstars Web3 Weekly Podcast” describes the important features of digital wallets, giving the audience the right information concerning their functioning, the importance of the security, and the impact of the recent events in the crypto space.
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