6 May, 2019

Lite Wallet

Posted on : May 6, 2019 by : BlockGlossary

Meaning of Lite Wallet

A lite wallet describes a crypto currency wallet which remotely, over randomly selected nodes, connects to the blockchain.

This eliminates the need for a blockchain download, saving users a massive amount of time, space and nerves.

This approach was first developed by SuperNET on top of Nxt. Waves also uses this tech.

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