Definition ∞ Blockchain wallets are digital tools that enable users to store, send, and receive cryptocurrencies and other digital assets. They do not hold the assets themselves but manage the cryptographic keys required to access and control them on the blockchain. These wallets can be software-based, hardware devices, or even paper records. Their security is paramount for protecting digital asset holdings.
Context ∞ The security and usability of blockchain wallets remain central topics in digital asset news. Debates continue regarding the trade-offs between custodial and non-custodial wallet solutions, particularly concerning user control versus convenience. Future innovations aim to simplify key management and enhance security measures for broader public access to digital assets.
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