The Ins and Outs of AKAWallet

in #akasic7 years ago (edited)

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Masternet proudly boasts about its partnership with the Akasic Global where it provides the necessary steps in the development of blockchain technology. However, Akasic Global tends to function as a separate entity where it stands out in its performance as the world’s number one crypto exchange ecosystem for trading beginners. Thereby offering its services for beginners and early adopters to learn how to trade, earn faster and avoid any potential losses that might be of concern to them.

This basic education allows its users to increase their profit in terms of the transaction fee as they accelerate their trading activities. The Network understanding the vitality of socializing provides its users with significant space where they may be able to interact and interconnect with each other and where experienced traders and serve as teachers to newly fresh beginners.

The advanced and innovative features within the Akasic Global are some of its many highlights which are available nowhere in the crypto-market which ensure its users more freedom and guidance, assisting them in avoiding future threats that they might come across when utilizing the system.

Cryptocurrency Wallet

One of the main issues regarding cryptocurrencies is that many of its users don’t have the required knowledge on how it is supposed to operate. In general, cryptocurrency wallet is a digital wallet used for storing, sending and receiving different cryptocurrencies through their interaction with various blockchain technology. In other words if you wish to use bitcoin or any other cryptocurrencies you will need to use a cryptowallet.

Cryptowallets are software programs which means you cannot simply store your cryptocurrency in any specific location nor do they exist as a specific physical structure. Their existence is maintained in the transactions stored in the blockchain.

Another main feature of the cryptowallets are the public and private keys they have stored. If a user wishes to send you a crypto currency, they must do so by using your wallet’s address to sign off to his coin thereby giving up his own ownership. If you wish to spend that coin then you can do so by making sure that the private key in your wallets matches the public address of the coin. This will allow you to increase your cryptowallet balance and decrease your senders.

AKAWallet

Not to be outdone by other cryptowallets, the Akasic Global is proud to present its own brand of digital wallets known as the AKAWallet. It is meant for its users to sore MASH coins, ETH and other crypto currencies safely guaranteeing unrelenting safety and security. AKAWallet can be downloaded on the Android or iOS application store.

The Akasic Global is well aware of the sensitive data and information its users store through their cryptocurrencies and has left no stone unturned in taking on the threat. It has defeated any hacking attempts and breaches that it has encountered which demonstrates how serious it is when it comes to the safety of its users.

Final Word

Hence, given the nature of the threat it also takes extra steps to update you on how you can take the precautions to avoid any hacking. The first being that you must keep your software updated given the consistent evolutionary safety measures the network keeps on installing. The updates should not only be restricted to your wallet but also your computer or mobile.

Other than that, the network recommends you to add more layers of security by making certain that any withdrawal of funds starts with a password. You can set up a long and complex password that will be locked in your memory. The two-factor authentication and additional pin codes are also available for stricter security policies.

Website

Masternet Whitepaper: https://drive.google.com/file/d/1YM4ytVLkdApbTufSVOqUe1O9GK9rwDYl/view
Akasic Whitepaper: https://drive.google.com/file/d/18tV_4vq0C7-8IFbpLLthQvWCtZD1pWIl/view
Masternet Website: https://masternet.io/

My Bitcointalk acc: https://bitcointalk.org/index.php?action=profile;u=2148815

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