The Web3 wallet war has entered the second half: 5 major development directions of wallets
The Web3 industry is developing so fast that new things appear every day. Therefore, many daily thoughts are worth recording.

The Web3 industry is developing so fast that new things appear every day. Therefore, many daily thoughts are worth recording.
As a result, the Web3 wallet landscape has changed significantly in the last two years. Which crypto users are these Web3 wallets suitable for? How do crypto users choose a wallet? This article will comprehensively evaluate seven mainstream Web3 wallets.
Chain abstraction is one of the technological changes that Web3 wallets should pay attention to.
Although MPC (Multi-Party Computation, Multi-party Secure Computation) wallet and Multi-Signature Wallet (Multi-Signature Wallet) are both used to improve the security and control authority of private keys, their working principles and application scenarios are significantly different.
Connecting a wallet is a key step to entering the Web3 world. Web3 users often need to connect their wallets on some DApp websites. However, this simple action alone may cause serious inconvenience to users.
Web3 wallet provider Slope has been connected to the recent hack of Solana-based wallets.
Coinbase added wallet support for SOL and Solana-based tokens, and said it will also support NFTs and dApps on the blockchain in the future.
There are a few ways for regulators to limit the usage of noncustodial wallets, but there is no way to ban it completely, SatoshiLabs CFO said.