Blockchain
Wave Lab

What does “decentralized” mean?

2018-04-18 15:21:16
Your funds are not physically in the wallet or account. This is why restoring an account cannot be done by the SafeWallet wallet or through inputting your account. We do not store any users’ information (private key and password) on our backend server. All users own their own information and interact directly with one another and the blockchain independently.