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Multi-Chain Wallet

Definition

A multi-chain wallet is a digital application that manages cryptocurrencies and digital assets across several blockchain networks. This type of wallet provides users with a unified interface to store, send, and receive assets residing on different, independent blockchains. It eliminates the need for separate wallets for each network, thereby simplifying asset management and enhancing interoperability within the broader digital asset landscape. Such wallets are crucial for navigating the increasingly interconnected blockchain ecosystem.