Definition ∞ Legacy Wallets refer to older or outdated digital wallet software or hardware that may no longer be actively supported or updated by their developers. These wallets might still hold digital assets but can pose security risks due to unpatched vulnerabilities. Managing assets within legacy wallets often requires careful consideration of security best practices.
Context ∞ The persistence of Legacy Wallets presents an ongoing security concern within the cryptocurrency ecosystem, as users may retain access to older versions that are susceptible to exploits. Discussions frequently address the challenges of migrating assets from these compromised systems to more secure, modern solutions. Awareness campaigns and developer support for migration are key to mitigating potential losses.
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