Accompanying the release of the recent ThunderCore Hub update, yesterday we talked about What is a Crypto Wallet. Today let’s continue the conversation and explore the common features found in a crypto wallet and browser.
Wallets are used to store the private keys that are used to sign transactions on a blockchain. As stated in our previous blog, the wallet itself does not store the actual coins – those are records that are kept safe on the blockchain – the wallet stores the keys that are used to sign any transaction that interacts with those coins. For example, if you are paying someone for, say, a t-shirt you go into your wallet, select the “send” feature, and process the transaction. The transaction is “signed” by your private keys and that allows the blockchain to update it’s records to deduct 5 coins from your account and deposit them into the t-shirt vendors account.
Some crypto wallets also have a feature called a “browser”. We are familiar with browsers from our experience with the web. These are software user interfaces that facilitate the interaction between the users websites posted by other citizens of the web. A web browser abstracts all of the code away and makes it simple and easy for someone to navigate to a particular website and interact with it.
Browsers helped people navigate the internet. But, very quickly in the life of the internet – a failing was discovered that is best shown by looking at the early days of Amazon.com. Did you know that when Amazon was first launched, when you were ready to buy books, you had to call them directly and read off your credit card over the phone? There was no way to securely process payments online. A company called Netscape had to invent a technology called Secure Socket Layer (or SSL) to ensure credit cards could be used effectively. Now we have layers upon layers of technology built into the internet to facilitate the most common use cases. But it seems like the brilliant minds that first designed the web had no clue how people would eventually use their creation.
Crypto browsers were built differently. See, once you are in the mobile app of your crypto wallet – a full payment system is already integrated into experience on the web. You have access to funds and a secure way of transacting, allowing you to seamlessly interact with dApps For example, when you open up ThunderCore Hub, you can open the browser feature and navigate to the ThunderCore products page (www.thundercore.com/products) and browse the variety of games, applications, and decentralized products that are all natively integrated with the ThunderToken and the stable coins – like TT-USDT – that run on the ThunderCore blockchain. Secure payments was a feature that was built into the browser from the ground up. And we think that is pretty cool.
Browsers in crypto wallets are the next evolution in human interaction with the web. They make our experience faster, more secure, and more user friendly than ever before. Take a look at our browser in the ThunderCore Hub and we are sure you will find the experience exceptional.