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RE: On this day in 2021, I posted about a cryptocurrency wallet and group of faucets which disappeared along with its users' funds 😮

in DBuzz3 years ago

Which "complete wallets" are you referring to? Are you referring to the cryptocurrency wallets themselves, or the custodial wallet providers?

Well, not everyone can follow the "best approach" regarding any situation, like the recommended use of multiple non-custodial cryptocurrency wallets to store your funds.

I don't think that an actual useful blockchain (such as Hive) will (completely) disappear all of a sudden.

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Which "complete wallets" are you referring to? Are you referring to the cryptocurrency wallets themselves, or the custodial wallet providers?

The wallet providers. For example I registered my first Bitcoin (BTC) wallet on 2014.02.26 on blockchain.info. That is no longer exists. I do not know when (in which year) it disappeared, but I still have the welcome e-mail from them. And there are discontinued faucets too. For example QoinPro.

Technically, your BTC wallet still exists, but you can no longer control it without either its private key itself or the holder of its private key. Anyway, still keeping the welcome e-mail for joining a website (custodial cryptocurrency wallet provider) is so uncommon these days.

Faucets are not wallets by themselves, so unless your funds from your custodial wallets that you earned from faucets are taken away, your cryptocurrency did not "disappear".

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