Storage method for blockchain-based currencies AND/OR DATA, herein ALSO meaning a [crypto] wallet _
The use, balance or control of wallets including types of currencies as may or may not be present therein are independently controlled by their owners. NEST® functions as a non-custodial, hyper-encrypted, real-world ownership-control solution.
Wallet use and transfers, when processed, may have associated transaction or transfer and miner-fees that are due to their execution in blockchain networks. These costs are typically payable in the associated blockchain-based currency itself. For example, a ‘satoshi’ is the smallest possible Bitcoin able to be transferred, measuring 0.00000001 BTC. Other blockchain-based currencies have varied limitations.
Due to individual encryption and confidential protocols, NEST® may have no insight or control of a wallet’s balances and use within or outside of the Web3 ecosystem, even where use may pertain to NEST® services and functions.
