Evaluation of security in hardware and software cryptocurrency wallets

Sharik Ahmad , Syed Arshad Ali , Bhavya Gupta , Pooja Bharti , Khushi Gupta

Cryptocurrency wallets, hardware wallets, software wallets, security evaluation, private key management, encryption, authentication, phishing, malware, blockchain security, asset protection.

Cryptocurrency wallets, whether hardware-based (physical devices) or software-based (applications), are important tools for keeping digital money safe in the blockchain world. As more people start using cryptocurrencies, wallet security becomes even more crucial. This paper looks at the security features, strengths, and weaknesses of both hardware and software wallets. It focuses on important topics like how private keys are managed, encryption methods, user login systems, and protection from common attacks such as phishing, malware, and theft. The study also explains the balance between ease of use and security in these wallets. It highlights the need to understand the risks of each wallet type and suggests best practices to keep cryptocurrency safe. This evaluation aims to help users, developers, and researchers improve wallet security and better protect digital assets.

Published Paper   E-Certificate

"Evaluation of security in hardware and software cryptocurrency wallets", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.10, Issue 3, page no.a467-a472, March-2025, Available :https://ijsdr.org/papers/IJSDR2503053.pdf

Volume 10 Issue 3, March-2025

Pages : a467-a472

Paper Reg. ID: IJSDR_300784

Published Paper Id: IJSDR2503053

Downloads: 000166

Research Area: Science and Technology

Country: Greater Noida , Uttar Pradesh , India

Published Paper PDF: https://ijsdr.org/papers/IJSDR2503053

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2503053

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition