breadwallet vs blockchain

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What is the difference between a wallet and a blockchain?

The blockchain is the history of ALL transactions, and a wallet just keeps/unlocks your own personal bitcoins. So they are two totally different things, and you can have a wallet (for example with Multibit) without downloading the whole blockchain What is the point of downloading the blockchain then? You'll be a peer in the network I believe.

Does blockchain wallet charge dynamic fees?

Blockchain Wallet charges dynamic fees, meaning that the transaction fees can be different based on factors such as transaction size. Blockchain Wallet has a number of security features to prevent theft, including by company insiders. E-wallets allow individuals to store cryptocurrencies and other digital assets.

How does bread wallet work?

The wallet uses HD algorithms, creating a new wallet address for every transaction. It is therefore hard to track transactions to a specific user or wallet. Bread wallet offers the opportunity to enhance security by incorporating touch ID and facial recognition into the authentication process.

Does blockchain wallet require passwords?

Like other digital services, Blockchain Wallet accounts require passwords for the users' protection. However, the Blockchain company does not store user passwords, and cannot reset the password if lost. This measure prevents company insiders from being able to steal cryptocurrencies.

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