Cryptocurrency is a digital payment system that doesn’t rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets.

In short a blockchain is a distributed database, or ledger, that is shared among nodes of a computer network. The data that gets stored in this distributed ledger through blocks, every transaction is a new block and gets linked to the previous block, hence the name blockchain. This design means that every transaction is stored decentralized on ‘the blockchain’ and is always transparent and immutable.

NFT stands for Non-fungible token, which basically means that it’s unique and not interchangeable. As opposed to Non-fungible tokens, Fungible tokens, like Bitcoin or Ethereum, are interchangeable and indistinguishable. This means that the one Bitcoin in your wallet has the same value as the one Bitcoin of another person or entity. In the case of Non-fungible tokens, each asset has its own unique characteristics. These tokens represent ownership of digital assets, such as art or in-game items where one asset is not the same as the other.

A wallet is an address on a blockchain to where transactions and NFT’s can be sent and stored. These wallets can be on a platform such as Metamask or Binance or a cold wallet where you can store all your funds offline.

MetaMask is a popular and established browser extension which functions as a cryptocurrency wallet. Metamask wallet is compatible with the most widely adopted browsers such as Chrome, Firefox, Brave and Microsoft Edge. As such, it’s the one of the best solutions for easy access to decentralized exchanges and gaming platforms.

Flubber utilises blockchain technology and therefore a wallet is required in order for you to be able to interact with this blockchain technology. Your wallet will securely authorise your access to the website and help you to keep track of any transactions that you perform. 

A cryptocurrency wallet provides you with true ownership of everything that you purchase, earn or win. You will always have control and access to these virtual goods as long as you remain in control of your wallet.