Introduction to DriipWallet I

You Deserve Easy Access to Cryptocurrencies

8 min readJun 23, 2021

DriipWallet is for you if you want to;

Buy Driipcoin in few minutes
Easily earn daily passive income on all the crypto in your wallet
See your collectibles. Art & NFTs in one place
Exchange your crypto without leaving the app
Track charts and prices within the app
Keep your crypto safe from hackers & scammers
Access all your Favorite Decentralized Applications (Dapps)

Driipa Foundation provides various global solutions. The Company offers technology solutions to support the blockchain project global development. Driipa Foundation serves customers all around the globe.

DRIIPA is dedicated to building the infrastructure for a truly decentralized Internet. The DriipChain, one of the largest blockchain-based operating systems in the world, offers scalable, high-availability, and high-throughput support that will serve as the foundation for all decentralized applications in the Driipa ecosystem. It also provides better compatibility for smart contracts through an innovative, pluggable smart contract platform.

DRIIPCOIN is a MainNet token based on the DRIIPCHAIN issued by DRIIPA Foundation, known as DRP.

Buy Driipcoin in few minutes

Driipa Foundation is already in collaboration with 3 Listing Managers from different regions and has links to 50+ exchanges each.

Driipa Foundation also makes provision for an official exchange built by Driipa Foundation itself.

World’s First Hybrid Deflationary Crypto Exchange ‘“DriipSwap”.

You will be able to;

Buy Cryptocurrency With a Card
Buy Cryptocurrency Through P2p
Buy Cryptocurrency easily By Converting from one crypto to another (Exchange)

Easily earn daily passive income on all the crypto in your wallet

DriipSwap which is known to be a deflationary Exchange, conventionally, exchanges charge traders per transactions.

But DriipSwap charge lower fees and as well divides its profit among the traders using its platform.

All users are open to earn from holding their cryptos in DriipWallet

It’s called Reward For holding : Traders are rewarded for buying and holding any sort of Crypto assets purchased through our exchange.

So how will rewards come in?

There will be a 1% fee for transaction on exchange.

Thus, this fee gets divided into 2 halves evenly while one half goes to holders in DriipWallet, the other half will be divided into four micro parts.

Liquidity Acquisition: 0.2% will be auto locked in our exchange liquidity pool, hence supporting the growth and sustainability of other cryptocurrencies.
Liquidity Providers: the other 0.15% will be distributed to liquidity providers on DriipSwap
Team wallet : 0.1% goes to the team wallet for Driipa’s project developments.
Locked Tokens : While the remaining 0.05% will be locked away from existence and the lock will open up every last day of each year and therefore distributes only 0.1% of the locked tokens to all holders and locks up the rest until the next unlock season.

No burns but will be locked up.

Exchange your crypto without leaving the app

Exchange Instantly

No forms, no selfies. Trade crypto anytime with ease.

Keep your crypto safe from hackers & scammers

Secure Transactions

Once a transaction is recorded on DriipChain, its authenticity must be verified by the blockchain network. Hundredths of Thousand or millions of computers on the blockchain rush to confirm that the details of the purchase are correct. After a computer has validated the transaction, it is added to the blockchain block.

Each block on the blockchain contains its own unique hash, along with the unique hash of the block before it. When the information on a block is edited in any way, that block’s hashcode changes — however, the hash code on the block after it would not. This discrepancy makes it extremely difficult for information on the blockchain to be changed without notice. Read Theft On ‘The Blockchain Vs DriipChain’.

DriipWallet is to be built as a Decentralized Mobile Wallet Application & as Browser Extension.

Access all your Favorite Decentralized Applications (Dapps)

Read more about Dapps, Driipa Foundation plan is to build DriipSwap as a Decentralized Application and access-able from any DRP supported dapp platform.

Moreover DriipWallet supports almost all existing blockchain protocol which makes Drpwallet support the D-apps of all these blockchains.

Made available through Driip DApp Browser integrated within the DriipWallet.

Fully functioning Web3 browser that can be used to interact with any decentralized application (DApp)
Meticulously crafted tool that provides a seamless, simple and secure connection between you and any decentralized application (DApp) on DriipChain network and any other existing blockchain.
Integrated interface that is fully optimized for mobile so you can enjoy the content designed specifically for your device.
Fully Functioning Activity Energy Reader [A.E.R] , which calculates the amount of activity you’ve made and rewards you according the such activity.

Driip DApps Marketplace

Each DApp is unique so we will work with developers to ensure the best possible experience for our users. Decentralized applications (DApps) that have been vetted and optimized for DriipWallet become a part of the Marketplace. The list will constantly expand because driipwallet goal is to create a community of decentralized applications that can be accessed by anyone with a mobile device.

To integrate your DApp into DriipWallet

DriipWallet’s DApp browser will provide a simple API for DApp developers to create multi-chain applications. The API will allow you to get accounts and sign transactions with both iOS, Desktop and Android.

Storing Funds on a Centralized Exchange vs a Decentralized Wallet — What You Need to Know

Learn about the differences between storing digital assets on a custodial exchange wallet versus a non-custodial wallet.

Wondering what the best way to store your cryptocurrencies is? Read on for a simple explanation and comparison of two of the most popular ways to store crypto.

A Few Terms You Should Know First

Private Key: A secret sequence of random digits tied to a fund balance for a particular cryptocurrency. This key is used to manage the fund and should only be known by the owner of said funds. Whoever knows this key has access to the funds associated with it.

Custodial Wallet: The funds in this wallet are secured by a custodian. This custodian could be an exchange or any other service that holds funds on your behalf. Private keys are held by the custodian.

Non-Custodial Wallet: Funds in non-custodial wallets are secured by no one but yourself. Only you know and have access to your private key. Non-custodial wallets are also referred to as decentralized wallets.

Storing Crypto on a Centralized Exchange

Exchanges operate custodial wallets. They manage your private keys for you while you have your funds stored in your exchange wallet. This is convenient if you are trading on the exchange regularly.

However, it comes with serious risks:

Exchanges are prone to hacks, and a quick internet search can pull up crypto exchanges around the world that have suffered this fate.

Inexperienced Crypto Investors

Some in this demographic opt to store on an exchange since all they require is an account and a password. They do it because it’s similar to services used in the non-crypto world.

However, storing on an exchange is not recommended for long-term storage due to the security risks.

Why are exchanges prone to hacks? Exchanges are public platforms that anyone can access. Malicious actors know that large volumes of funds are stored on the exchange, which acts as an incentive for them to find vulnerabilities to exploit.

Storing Crypto in a Decentralized Wallet

Decentralized (or non-custodial) wallets exist as apps or physical devices that provide complete control over funds to their users.

To secure your funds in this type of wallet, go into the ‘Settings’ to view your private key and write it down on a piece of paper. Store this paper somewhere only you can access it.

Unlike exchanges, non-custodial wallets are substantially less prone to hacking attempts. In fact, there are only a few ways you could lose your funds through this wallet.

Common Risks for a Non-Custodial Wallet

You forget or lose your private key
Someone else accesses your private key

Storing a private key digitally further exposes it to malware risks, so write it down physically. Keep it somewhere safe, like a safe or a locked cabinet. Doing this will prevent the first risk completely.

Regarding the second risk, it can happen in only two ways:

Someone uses malware to access your private key
Someone physically views your private key

If you don’t store your private key digitally, the first risk is less likely, but it could still happen. In order to prevent this be cautious of your online activities.

You cannot control if an exchange gets hacked or not, but you can control the risks with a non-custodial wallet. Hence, it’s more secure than storing funds on an exchange.

The Security of Private Keys

Unlike traditional services that involve creating an account and setting a password, private keys are much more robust.

With a private key, you could lose the phone or computer that has your crypto wallet in it, but as long as you have your private key, you can regenerate a new wallet with the same funds from your old one.

Also, without access to your private key, a hacker only has the option of a Brute force attack to hack your wallet. This attack involves using computers to guess the key.

The cryptography of private keys involves a range of possible keys so large that even a computer finds it infeasible to attempt to guess a single key.

Most non-custodial wallets like DriipWallet don’t expect you to store your private keys directly. Instead, you write down or memorize a human-friendly sequence of 12–24 random words. This sequence is known as the seed phrase and it can be used to derive multiple private keys, one for each asset you own.

Solutions By DriipWallet

DriipWallet: A Decentralized Wallet That Safeguards Your Digital Assets.

DriipWallet is a non-custodial wallet that supports all blockchain networks and it’s different assets. Only you have access to your private keys, making it one of the most secure crypto storage options in the market.

As discussed above, DriipSwap is both a decentralized and centralized exchange, users can easily trade with no worries like on a centralized exchange. Wallet like DriipWallet are built to make sure your funds are safe.

That’s why DriipWallet is here, Every Ecosystem on the DriipChain is hybrid.

DriipWallet has both centralized and decentralized functions, driipas can choose to register through username and password method which includes KYC or through private key method which doesn’t have KYC OR choose both to enhance both security methods.