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Cryptocurrency is also used in controversial settings in the form of online black markets, such as Silk Road. The original Silk Road was shut down in October 2013 and there have been two more versions in use since then; the current version being Silk Road 3.0.
What Is A Cryptocurrency Wallet? A digital wallet is a place to keep your cryptocurrency. If you want to own or use Bitcoin (or any other altcoin) you will need a wallet to keep them in. I will keep things simple and just go over the basics and then give some recommendations on my top wallets of 2017. A wallet works by storing your cryptocurrency digitally using a pair of keys.