software wallet ethereum

This is probably one of the most used terms you will see in the cryptocurrency world. While it may seem quite straight-forward, confusion can arise when the term is used in a wrong context. Let’s have a closer look at what do we mean by the word “wallet”. Compare the TREZOR with your wallet that you carry with you on a daily basis. In the wallet, you probably have debit cards to different bank accounts, credit cards, personal documents, fiat bills, maybe even for different currencies. The wallet in your TREZOR is similar — there are separate pouches for different currencies: one for Bitcoin, one for Ethereum, but also for your U2F identity, etc. Everything you need is in one wallet.