What is the most basic crypto wallet?
Could you please explain what exactly is considered the most fundamental type of crypto wallet? When someone mentions a basic crypto wallet, what are the key features and functionalities that it typically offers? Is it a hardware wallet, software wallet, or perhaps something else? Also, could you discuss some of the benefits and drawbacks of using a basic crypto wallet for storing and managing cryptocurrencies? I'm interested in understanding the core principles behind these wallets and how they function in the larger crypto ecosystem.