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In this video we dig into the difference between private keys, public keys, addresses on the blockchain, and the wallets used to manage it all. We take a look at differences to consider for Hardware Wallets (like Ledger or Trezor) vs Software Wallets (like Daedalus, Yoroi, or Adalite), as well as currency differences for coins like Cardano vs Bitcoin. // related Woodland Pools videos Setting up Ledger Nano X from scratch - • Setting Up a Ledger Nano X from Scratch - ... Setting up a Trezor Model T from Scratch - • Видео Comparing Daedalus, Yoroi, and Adalite - • Comparing Daedalus, Yoroi, and Adalite wal... How to set up a Daedalus Software Wallet - • Setting up Daedalus Software Wallet Comparing Ledger vs Trezor - • Ledger Nano X vs Trezor Model T - which to... // stake pool info Send me a DM for a link to to join our Telegram group! - https://t.me/WoodlandPoolsG Woodland Pools website - https://www.woodlandpools.net/ [ASPEN] on PoolTool.io - https://pooltool.io/pool/05b8a25ec4f4... [ASPEN] Stake Pool id - 05b8a25ec4f41956a6496555c233bcbe6fc06596553ae2d14df73e20 // Affiliate Links Ledger Nano X - https://shop.ledger.com/products/ledg... Trezor Model T - https://trezor.go2cloud.org/aff_c?off... 10% off Cointracking for Crypto Taxes - https://cointracking.info/?ref=G136367 Timestamps: 0:00 - Intro 0:32 - Crypto confusion 1:42 - Where does your crypto live? 4:48 - Crypto Exchange scenario 6:58 - Hardware Wallet scenario [BTC] 10:28 - Hardware Wallet scenario [ADA] 13:01 - Software Wallet scenario 14:40 - Compare them all Disclaimer: No one associated with Woodland Pools is a financial advisor, broker, or dealer, and none of the information presented should be construed as financial advice. The information presented on our channel, website, and social media, is for entertainment and informational purposes only, and all community members should independently verify and research all information when creating their own investment plans.