Multi Chain and multi currency wallet system development cross chain technology

From the dimension of networking , Wallets can be divided into ： Hot wallet and cold wallet , From the dimension of whether the user owns the private key of the wallet , Wallets can be divided into ： Decentralized wallets and centralized wallets , In form , Wallets can be divided into hardware wallets 、 mobile phone App wallet 、 Browser plug-ins, wallets, etc , For the development of Multi Chain and multi currency wallets, please consult a Peng :132.. Wei 4z77 Heft z558, Multi currency Cross Chain Wallet development and construction .

Whether the dimension of multiple chain encrypted assets is supported , Wallets can be divided into ： Single chain wallet and Multi Chain Wallet .

Single Chain Wallet

Single Chain Wallet means that you can only store 、 Send and receive a public chain Coin or Token My wallet . For example, only bitcoin storage is supported 、 Official wallet of bitcoin sent and received Bitcoin Core, Only Ethereum imToken1.0 And only EOS Of assets Meet.One Wallet, etc .

Single chain wallets are often called main chain wallets . This kind of wallet is generally developed for a platform public chain . such as imToken 1.0 Version and MetaMask（ Many friends call it the little fox wallet ）, They are all Ethereum single chain wallets , So they only support ETH And those using the same standard ERC-20 Token of .

For the platform public chain , Its main chain Coin It usually has certain functions . Take Ethereum for example , There are miners on the Ethereum platform 、DApp Users and other roles , Their activities are mostly around ETH To carry out , The main chain wallet serves as an entry , It provides storage for all kinds of users 、 Convenience of circulation .

Platform public chains are generally rich DApp, The corresponding main chain wallet can not only meet the needs of main chain asset storage , At the same time, it can also be used as the public chain DApp An entrance to . Look at it this way , Wallet is also a measure of the availability of platform public chains 、 One of the standards for ease of use .

Multi Chain Wallet

Multi Chain Wallet , Simply put, it can support a variety of main chain platforms Token My wallet . Common Multi Chain wallets are ： Bitism 、imToken2.0、Cobo Wallet etc. .

At present, cryptocurrency market , There are more and more kinds of public chains , Many users in the circle hold encrypted assets of multiple public chains , If the main chain wallet is configured for each public chain asset , That's very troublesome . The emergence of Multi Chain Wallet solves this problem very well , You can easily manage the encrypted assets of multiple public chains with only one wallet . Provide great convenience for users , Reduce the burden of managing multi chain assets .

For example, when you have bitcoin at the same time 、 The etheric fang 、EOS when , You can put them in the Multi Chain Wallet supporting these three types of assets .

The emergence of Multi Chain wallets meets the needs of users that one wallet can manage Multi Chain encrypted assets , But the problem of asset exchange between different public chains , In the Multi Chain Wallet , At present, there is no mature solution , Provide the exchange of assets between different public chains in the Multi Chain Wallet , Maybe it's a major trend in the development of wallets .

summary

Single chain wallets can only store 、 Send and receive encrypted assets on a main chain , Up to a point , It is the entrance of public chain ecosystem . Multi Chain Wallet can store 、 Send and receive assets on multiple public chains , It provides great convenience for users to manage public chain assets , It reduces the burden of users managing multi chain assets .