How I came to HOT Wallet and made it my primary wallet.

Hello listener! Today we're going to talk about Hot Wallet. What it is, how the acquaintance happened and where it led to.

But let's go in from afar. How do people usually join projects? Right, someone shares a link and you follow it to explore the project. That's exactly how my introduction to HOT Wallet happened. I will admit that before that I had only heard about crypto and blockchain, but I was not a user or interacted in any way. So, the first thing that caught my eye was the visual component of the wallet, minimalism, excellent combination of colors. Next, as most people do, I started exploring the wallet's interface. The first thing to do was to make improvements. In general - nothing complicated, but here begins the first step of acquaintance of you, as a user, with the world of crypto. It was necessary to replenish the wallet with tokens. And from that moment you start learning what tokens are, how do I replenish my wallet, what exchange to use, what are networks. And that's where adopshene starts, which I'll talk about a little bit below. And the main thing is that it works, because I went through it myself. But let's go through it in order.

What is HOT Wallet?

Let's start from the base: Hot Wallet is a non-custodial MPC wallet. Seems complicated? Let's break it down

• A non-custodial wallet is a wallet that only you and no one else has access to. Compared to custodial, where third parties have access to your wallet, a non-custodial wallet provides maximum security and safety of your funds. Your funds belong only to you. The most prominent representatives of custodial wallets are exchanges. On the one hand, it is convenient, and in case you forget your account password - you can recover it. But on the other hand - your funds can be frozen and you will never be able to withdraw them. In fact, in custodial wallets funds are stored not with you, but with third parties.

• MPC - Multi party computing, this is the most secure type of wallet. Essentially, it divides your private key into several parts that are stored in different locations. To make a transaction you need confirmation of all parts, but in case one of the parts can be hacked - you still can't get access to your funds. If even simpler - you can imagine a door with a keyhole, where each key is held by a different person, and without the consent of all the people with the keys - it will not be possible to open the door.

At the end we get the most secure wallet, where only you have access to the funds.

HOT Wallet features

Storing crypto is not the only use of HOT Wallet. You can exchange some assets for others, move them from one network to another. Initially, the wallet supported only the NEAR network and set standards for addresses ending in ***.tg**. But over time, other networks were added, which made the wallet more convenient and attracted new users who are already actively interacting with crypto. Now there is no universal wallet that would support all networks, so you often have to have several wallets. This is, among other things, a point of growth for HOT Wallet. The project is constantly adding support for new networks, working on swaps in these networks and on bridges between them.

HOT Wallet currently supports the following networks: TRON, Solana, Optimism, NEAR, TON, BASE, Polygon, Arbitrum, Etherium, OKB, BNB, Linea, Aurora, opBNB

Bridges are also being added as networks are added, currently NEAR, BASE, BNB, SOLANA. TRON и TON are under development

The popularity of HOT Wallet and its reasons

The reason for this, in part, was the game - mining HOT coins. In fact, the HOT Wallet project is a mass-adoption for a large number of users who have never dealt with crypto, but heard something or even participated in telegram projects. After the Notcoin project, people realized that participation in projects can bring real money, which is why this boom of tapaloks and mini-games happened. Is Hot Wallet a tapaloca? Partly, by a small percentage. But the mission this time is a good one - to educate people about blockchain. In what ways? Different missions, cool tutorial videos on different topics where you can immerse yourself in the world of blockchain and learn new information. It is worth understanding that tapalka is just a marketing mechanism for attracting and enboarding users. A kind of bridge, between users from the world of WEB2 and WEB3. In the end, the user who has never dealt with crypto begins to study crypto, becomes a full-fledged and targeted user of HOT Wallet - user WEB3. The HOT coins that you mine in HOT Wallet also have a utility. But we will talk about it in the next articles.

What's the bottom line? At the end of the day, most people participate in projects like this with one goal in mind - to make money. And in this particular case, there is such an opportunity here. This is a topic we will definitely discuss another time so that you have an understanding. I am sure that for some users it will bring a lot of new discoveries about ways to earn money.

For now - that's all for now, stay tuned🔥