New Delhi: Pitching for a strong cyber infrastructure in the country, Home Minister Rajnath Singh on Saturday stressed that India should work towards developing its own servers.
Addressing students of the Jaypee Institute of Information Technology (JIIT) during a convocation ceremony in Noida, the home minister said: “As the home minister of the country, I don’t have control on many of the cyber crimes here as the server is located elsewhere.”
“In order to check growing cyber crime, we must develop cyber infrastructure,” he emphasised.
Echoing Prime Minister Narendra Modi’s call for building I-ways (information highways), the minister said: “We need highways, roads, but we also need I-ways in our country.”
“Our neighbour China has shown us how we can challenge Google by developing its own operating systems,” he added.
Talking about the ongoing Digital India Week launched by Prime Minister Narendra Modi on July 1, the home minister said: “Our government is not only promoting digital governance but I am confident that India will soon reinforce its digital dominance in the world.”
Urging the students to use education in a constructive manner, Singh said: “Education while used in a constructive way is always beneficial to society but when abused it may prove dangerous.”
Referring to new manifestations of terrorism, he pointed out that all militants are not illiterate.
“Some of them (militants) are highly qualified and technically sophisticated. This is a clear example of how technology can be abused for creating trouble in society,” the minister said.
Cryptocurrencies are gaining robust popularity amongst the masses due to its decentralised approach. Since cryptocurrencies eliminate the intervention of institutions and Governments in its transactions, it is more transparent in its operations. People might be well aware of the popular crypto Bitcoin, but there are many other better performing coins like Litecoin, Bitcoin Cash, Ethereum and Ripple. If you intend to buy litecoin, then you should have a crypto wallet which can store the litecoins for you. A crypto wallet acts like a regular wallet to keep the money safe, but it does not actually hold any physical form of cryptos.
Find below some of the Litecoin wallets to secure your LTC:
Ledger Nano S: It is a hardware wallet which can be easily plugged into your system like a USB device. Ledger nano s is considered safer than online wallets as they can be physically carried and plugged off the device thereby providing less space for any fraudulent activities. Ledger nano is equipped with private keys for better security and is the best choice if you have LTC in large numbers.
Trezor wallets: Trezor was a child from the Satoshilabs and is the first hardware wallet meant for providing more security to the coins. Trezor renders its support to many coins like Dash, ZCash, Litecoin and Dogecoin. It provides a 9-digit pin code to store your Litecoins even offline. Trezor is one of the lightest and portable Litecoin wallets.
Exodus: Exodus is a popular desktop wallet which provides space for storing many cryptocurrencies including Bitcoin, Litecoin, ZCash and Ripple. Exodus has an inbuilt connection with famous cryptocurrency exchange Shapeshift allowing easing access to LTC to BTC converter and BTC to LTC exchange. Exodus is a multi-currency wallet and hence is a favourite for many crypto enthusiasts.
Jaxx: Jaxx wallet supports desktop and mobile applications. Jaxx provides a user-friendly experience for all the 13 cryptocurrencies it supports. One amongst them is Litecoin. Jaxx wallet can be used in IOS, Android, Windows and Linux devices. It has a tie-up with Shapeshift which is a leading crypto exchange thus allowing you to buy Bitcoin anonymously with credit card.
Electrum LTC: To get away with the slow speed of heavy Litecoin core wallets, you can shift to a lite wallet like Electrum LTC to store Litecoins. Electrum is a desktop wallet which works without downloading the entire Litecoin blockchain. Electrum LYTC wallet is protected by a 12 digit seed key and is available for different types of desktops like MAC, Windows and Linux.
As you can see an array of best Litecoin wallets in 2019 available for storing Litecoin which is a cryptocurrency that facilitates an instant transfer of funds from one end to the other through a peer-to-peer network. Look at the pros and cons of different crypto wallets before choosing the one which suits your needs. As technology advances, you can see many more wallets pitching in with its own innovative ideas to store and safeguard cryptocurrencies.