There is no way for anyone else to access to your cryptocurrency simply with a public wallet address since WON adopts an essential combo using both public and private key to secure your wallet address.
The core of WOP Wallet is a unique master seed which is created when an end-user creates their WOP Wallet. It is used to derive every individual WOP address that end-users will use for transaction, use, deposit and withdraw virtual and fiat currencies. The WOP Wallet will store the virtual and fiat currencies, encrypted on the servers.
The end-user's PIN and device ID will act as their decryption key to both lock and unlock the wallet. WOP Wallets cannot be accessed without these private keys. World Open Network will store encrypted hash PINs, however, only the end-user can reset their PIN and device ID, unlock and decrypt their wallet.
All WOP Wallets are encrypted on the device, however, the encrypted WOP Wallets are automatically backed up on the distributed servers and encrypted a second time. By securely storing the WOP Wallets on World Open Network servers, this ensures that the end-user can access their WOP Wallet anywhere in the world on any and all tethered and authorized devices.
When the end-user accesses their WOP Wallet either on the mobile application or the web with their PIN and tethered device ID, the application and browser will use WON’s API to download the encrypted WOP Wallet backup, before safely decrypting it on the end-user device.
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