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Element Wallet on Core Blockchain Overview




Web3 wallet

 Element: Your guide through Web3 and the home for your digital wallet. 

 Cryptocurrency is a digital asset that is gaining popularity as a medium of exchange in the digital world. Cryptocurrencies such as Bitcoin, Ethereum, and Core are decentralized, which means they are not controlled by any centralized authority or institution. This makes it essential to secure your cryptocurrency assets using a reliable wallet. 

Element wallet is a type of cryptocurrency wallet that is designed to store and manage crypto assets securely, beginning as the first and primary interface for the Core Blockchain Network. It is an open-source wallet inspired by Elements, the wallet is built on top of the Core Blockchain making it compatible with all Core-Based and EVM network cryptocurrencies.

A Secure Self-Custodial Wallet

One of the features of Element Wallet is its security, and one tool that every crypto user needs on their journey is a secured self-custodial wallet like the one Elements offers. Element proves its security through frequent audits and by making sure that your digital assets, data, and messages are all held by encrypted protocols rather than humans as long as you keep your password and private keys secure, only you can access the funds in your wallet.

This means it's protected from hackers, scammers, and even companies that might have plans for your cryptos. 

This is the meaning of the phrase: Not your keys, Not your crypto.

What can you do with Element Wallet? 

Element wallet is preparing to launch its products into Decentralized Finance (DeFi) and as the first and primary interface for accessing the Core Network, it will begin with crypto wallet capabilities enabling the participators in Satoshi App mining / Core holders to: 
  • Send to and receive from any external address.
  • Stake Core tokens. 
  • Swap to and from popular cryptos. 
  • Connecting to the most secure decentralized exchange.
  • Connect decentralized Apps (dApps) on iOS and Android. 
With many more features to roll out, eventually,  Core protocols will be made easily accessible through the wallet.

What is Core Blockchain? 

Core Chain is a newly created layer1 blockchain built on Satoshi Plus Consensus Algorithm by a decentralized blockchain developer named CoreDAO. The mission of CoreDAO is to build the strongest and most inclusive community on the web3.

In conclusion, the Element wallet is a secure, flexible, and user-friendly wallet that is designed to store and manage cryptocurrency assets. Its advanced security features, flexibility, and user-friendly interface make it an ideal choice for anyone looking for a reliable cryptocurrency wallet. 


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