{"id":5212,"date":"2021-08-19T12:00:21","date_gmt":"2021-08-19T10:00:21","guid":{"rendered":"https:\/\/gsoflog.lfo.tu-dortmund.de\/uncategorized\/knowledge-nugget-18-wallet\/"},"modified":"2024-03-21T08:31:24","modified_gmt":"2024-03-21T07:31:24","slug":"knowledge-nugget-18-wallet","status":"publish","type":"post","link":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/news-and-events\/knowledge-nugget-18-wallet\/","title":{"rendered":"Knowledge Nugget #18: Wallet"},"content":{"rendered":"\n<p>In simple terms, a wallet is software that is used within the framework of <strong><a href=\"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/news-and-events\/knowledge-nugget-2-blockchain\/\">blockchain<\/a><\/strong> technology. Wallet in this case literally refers to a wallet or purse, and this is basically where the name comes from. Initially, a wallet was used to store digital currencies (bitcoins) and is therefore a digital wallet for digital currencies. The wallet is secured via a private key. The software is available as desktop, mobile and online wallets, but hardware and paper wallets are also possible.    <\/p>\n\n\n\n<p>In the further development of blockchain technology, however, not only digital currencies are stored in wallets, but also documents, certificates, transactions or other so-called &#8220;assets&#8221; or <strong><a href=\"https:\/\/gsoflog.lfo.tu-dortmund.de\/news-und-events\/wissenshaeppchen-15-token\/\">tokens<\/a><\/strong>. Wallets form a <strong><a href=\"https:\/\/gsoflog.lfo.tu-dortmund.de\/news-und-events\/wissenshaeppchen-15-basiskomponenten\/\">basic component<\/a><\/strong> for a blockchain architecture. Combined with other components, such as authorization modules, token managers or light <a href=\"https:\/\/bit.ly\/2X8MSzL\">node<\/a> services, a secure blockchain network can be built. With the announced <a href=\"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/news-and-events\/knowledge-nugget-5-internet-of-values\/\"><strong>Internet of Values<\/strong><\/a>, virtually all values that are shared, transferred or received can be stored in a wallet.   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>In simple terms, a wallet is software that is used within the framework of blockchain technology. Wallet in this case literally refers to a wallet or purse, and this is basically where the name comes from. Initially, a wallet was used to store digital currencies (bitcoins) and is therefore a digital wallet for digital currencies. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5230,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[631,30],"tags":[726,642,633,645,640,727,638,728],"class_list":["post-5212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge-nugget","category-news-and-events","tag-basic-component","tag-blockchain-en","tag-glossary","tag-internet-of-values","tag-knowledge-nugget","tag-node-en","tag-silicon-economy-en","tag-token-en"],"_links":{"self":[{"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/posts\/5212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/comments?post=5212"}],"version-history":[{"count":2,"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/posts\/5212\/revisions"}],"predecessor-version":[{"id":5251,"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/posts\/5212\/revisions\/5251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/media\/5230"}],"wp:attachment":[{"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/media?parent=5212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/categories?post=5212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsoflog.lfo.tu-dortmund.de\/en\/wp-json\/wp\/v2\/tags?post=5212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}