In a blockchain, each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Bitcoin nodes use the block chain to differentiate legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
Exodus wallet stores your blockchain and keys in a secure location on your computer. When you first install Exodus, it will ask you to set up a password. This password is used to encrypt your private keys and keep your funds safe. Exodus also provides a backup feature, which allows you to recover your funds if your computer is lost or stolen.
Other related questions:
Q: Where does exodus wallet store private keys?
A: The private keys are stored on the device itself and are never transmitted to Exodus.
Q: Do you own your keys on Exodus wallet?
A: Yes, Exodus gives you full control of your private keys.
Q: How does Exodus store crypto?
A: Exodus stores your cryptocurrency in a secure wallet on your computer.
Bibliography
- What is a blockchain asset? – Exodus Support
- What are private keys? – Exodus Support
- How do I view my private keys? – Exodus Support
- What information does Exodus have access to?
- How do I keep my money safe? How to store cryptocurrency …
- Getting started with Exodus
- What are the different types of crypto wallets? – Exodus Support