What Is a Wallet?

What Is a Wallet?

A "wallet" is a system used to manage assets on a blockchain. In Avacus, you can create and manage multiple accounts within a single wallet.

Wallets created by generating a seed phrase in Avacus have the following features:

  • You can create and manage multiple accounts within a wallet
  • You can restore your wallet using the seed phrase
  • You can manage the accounts within the wallet collectively

So, What Is an Account?

In Avacus, an account refers to an individual account created and managed within a wallet. Each account has an address used for sending and receiving assets on the blockchain.

  • You can create multiple accounts within a wallet
  • Each account has a different address
  • You can manage assets separately through each account

When Using Avacus with Web3Auth

When using Avacus with Web3Auth and a platform account such as Google or Apple, the setup works differently from a wallet created using a seed phrase.

In Avacus, Web3Auth is used to create an account. By authenticating with a platform account such as Google or Apple, you can access the account you created.

  • An account is created using Web3Auth
  • You can use the account without a seed phrase
  • You can authenticate using a platform account such as Google or Apple

In this way, Avacus provides two methods: creating a wallet using a seed phrase, and creating an account using Web3Auth.

Keep important information such as your private key and seed phrase secure and never share it with anyone.

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