**There are different types of crypto wallets on the market that users can store coins/tokens with. They can be divided into two main categories: custodial and non-custodial crypto wallets. In this article, BHO Network will provide you with basic information to compare and differentiate the two wallets above so you can choose your favorite cryptocurrency wallet.**

More on [What is a crypto wallet?](https://bho.network/what-is-crypto-wallet) 

# What is a custodial crypto wallet?
In the early years of the crypto market, users traded and stored Bitcoin primarily by creating and managing wallets via private keys. However, when the private key is hacked or lost, you also lose access to the wallet and lose your assets. In the past, users also did not have many tools to store private keys like now, so cases of forgetting or losing wallets happens more often. According to many crypto market reports, more than 3 million BTC can be lost forever because users forget their private keys. Thus, cryptocurrency custodial services came into existence similar to traditional banks holding your funds. 

![Screenshot 2022-12-08 182857.png](https://cdn.bho.network/cms/Screenshot_2022_12_08_182857_72e506edee.png)

Since then, Custodial Cryptocurrency Wallet is also known as a wallet that is kept and managed by a third party. You will not have full control over your crypto wallet, just like depositing money in a bank with some agreements attached. Your custodial assets may incur storage fees and insurance for your wallet. Some asset custodial services at exchanges like Coinbase Custody of Coinbase, Binance Custody of Binance, or in case you trade coins/tokens at centralized exchanges, your crypto wallet on these exchanges are also custodial crypto wallets.

With custodial crypto wallets, even if you forget your coin/token trading password, you can still contact custodial services’ customer support. However, you need to choose reputable and trustworthy depository services with insurance contracts to avoid risks. Most service providers will require users to verify their identity (KYC). 

# What is a non-custodial crypto wallet?
Unlike the custodial variation, non-custodial wallets are wallets where only you own and control the private keys. When you perform coin/token transactions or interactions, you must perform "Signing" on the blockchain. Unlike a custodial wallet, the “signing” part on the blockchain will be done by a third party on your behalf.

Most users want to control their own funds so a non-custodial crypto wallet is naturally a good choice. You will not need to transact through an intermediary, and you can buy and sell coins/tokens directly from your wallet. This is also a safe option that many investors use today. However, the most important thing is that you need to manage your Private Key carefully and securely.

![Screenshot 2022-12-08 183032.png](https://cdn.bho.network/cms/Screenshot_2022_12_08_183032_d23d56a13a.png)

Non-custodial wallets are also convenient when you interact with Dapps, especially on popular decentralized exchanges (DEX) like Uniswap, SushiSwap, PancakeSwap, etc.



# Custodial vs. Non-custodial wallets

|   | Custodial wallets  | Non-custodial wallets  |
|---|---|---|
| Private keys  | Ownership lies with a third party | Ownership belongs to you  | 
| Transaction fees  | High  | Low  |  
| Insurance fees  | Usually yes  | None  |  
| Security level  | Low  | High  | 
| KYC required  | Yes  | No  |  
| Support  | Yes  | No  | 






# Which crypto wallet should you use?
The two types of crypto wallets both have their pros and cons when it comes to asset storage, and are suitable in different scenarios. 

- If you prefer to trade on a centralized exchange, then you definitely have to use a custodial crypto wallet. 
- If you mainly trade and interact with decentralized exchanges and DeFi applications, a non-custodial crypto wallet is the best fit.

Additionally, to best use a crypto wallet, you need to know the chains, popular token standards, and the corresponding networks to easily choose when sending and receiving. Specifically, some popular token standards are as follows:

- BNB Smart Chain: BEP-20, BEP-721, BEP-1155
- BNB Beacon Chain: BEP-2
- Ethereum: ERC-721 , ERC-1155
- Solana: SPL

# About 3S Wallet
3S Wallet is a non-custodial wallet, and a product of BHO Network ecosystem. The wallet has the function of trading coins/tokens directly on the wallet and supports multi-chain. Therefore, you may not need to be connected to dApps to trade.

With a one-touch interface and simple gestures, 3S Wallet makes it easy for new users to use. You can download and experience 3S Wallet [here](https://3swallet.com/).

## Some features of 3S Wallet

- [3S Wallet](https://3swallet.com/) - A multi-chain-enabled non-custodial crypto wallet that provides secure and convenient storage and management of crypto assets according to Web3 standards. You can store more than 3000 different coins/tokens.

- Allows trading, storing, and managing coins/tokens, NFT assets on multiple blockchain networks such as Ethereum, Binance Smart Chain, Polygon, Fantom, Avalanche, Optimistic, Arbitrum, Cronos, Solana, BHO Chain, etc.

- 3S Wallet gives you one-click access to different DeFi exchanges: Kyber Network, Uniswap v3 (coming soon), SushiSwap (coming soon), PancakeSwap (coming soon). 

- Users who use the coin/token swap feature on 3S Swap will enjoy cheap gas fees, the lowest slippage rates, in the simplest and fastest manners.

# Summary
Above is how to differentiate custodial and non-custodial wallets that BHO Network wants to provide. We hope that you have a clear understanding and can choose a wallet according to your coin/token trading preferences. However, with any wallet use case, you need to consider the elements of trust, security, and safety to protect your assets. 

🎁 **Invite friends to use 3S Wallet - Get passive income with your own system up to $20 for every successful referral. Join 3S Wallet's Rewards program today [HERE](https://3swallet.com/reward)!**

In this article, BHO Network will provide you with basic information to compare and differentiate custodial and non-custodial crypto wallets.

large_BHO ENG (2).jpg

medium_BHO ENG (2).jpg

small_BHO ENG (2).jpg

thumbnail_BHO ENG (2).jpg

BHO ENG (2).jpg

Differences between custodial and non-custodial crypto wallets

**Today, most new users only consider crypto wallets as a means to store crypto assets. If we want Web 3.0 to be fully decentralized and widely adopted, crypto wallets must also evolve beyond simply being a means of storing financial assets. Crypto wallets will need to evolve to become the gateway to the new and exciting online world of Web3. In this article, BHO Network will provide you with information about the critical role of crypto wallets to the unlimited potential of Web3.**

# History of crypto wallets
In the early years when the concept of bitcoin came to be, and eventually other coins/tokens, a wallet was simply a means to store your bitcoins and other crypto assets. This was enough at the time, because most of the interest in the coins/tokens then focused more on resale value than on its underlying technology.

![Screenshot 2022-12-02 211821.png](https://cdn.bho.network/cms/Screenshot_2022_12_02_211821_e2c34f37da.png)

Initial views about crypto wallets also lead to a false perception of the nature of this type of wallet. The truth is, crypto wallets don't actually store any coins/tokens in them. Even from the early days of bitcoin, they never had. Your funds are on the blockchain; your wallet contains only your key to authenticate with the network.

So, one way or another, whatever you think of crypto wallets, or however crypto wallets are implemented in different ways to fit user needs, basically they just contain the same data, which are the public and private key pairs.

# The only portal to Web3
User experience will improve dramatically once we reach the point where crypto wallets are essentially our only gateway into the blockchain world.

With excellent UX on the wallet, it is possible to achieve a much broader potential than in the early years of just crypto storage and the “bitcoin craze”. Crypto wallets are personal gateways to the expansive Web3 ecosystem and will be the primary way to “unlock” our keys to access products and services, so much so that when you “connect your wallet” to use your favorite DApps, you will see all your assets on different blockchains. The DApps show your assets in the wallet according to what the keys in it can unlock.

![3S Wallet-Web3 (1).png](https://cdn.bho.network/cms/3_S_Wallet_Web3_1_027322bdde.png)

Metadata is all there is to it, with your full control. In this way, the keys in your wallet are placed on the blockchain, to fulfill the predefined necessary conditions to allow the blockchain to grant access to your valuable assets.

A decentralized data world, driven by on-chain data validation through dApps. In short, anything can be a dApp. In a similar way, most software is now fintech. Finally, we will be able to truly “own” our data.

Today, as more data is tied to the blockchain, more dApps can be built to facilitate access to that data and do a variety of interesting things with it. This could be the real way to get a fair share of the data used by protocols and dApps. 

Once the model reaches a certain level of adoption, nearly all online products and services will be forced to conform to that model, and so will many legacy systems. From there, you can see the real importance of a crypto wallet that will help you initially connect and explore the vast potential of Web3.

# Can Web3 really replace Web2?
A lot of Web3 skeptics have pointed to the fact that the current paucity of user experience and widespread network effects in Web3 applications means it will never be able to compete, much less disrupt Web2's big tech companies. However, this is what Netscape looked like in the early days of the Internet.

![Screenshot 2022-12-02 211909.png](https://cdn.bho.network/cms/Screenshot_2022_12_02_211909_3b70483d0a.png)

The early days were days of trial, experiment, repeated mistakes, and then exponential growth. Separating the different components of Web2 and devising new ways to exploit the potential of these parts is what makes the future of Web3 so exciting.

For example, data portability is a minor feature in Web2, but will be an essential part of Web3. End users will have virtually no problems with transferring their data from one service to another in Web3.

Web3 is creating new incentive structures on the web, with new user behaviors towards newer incentive groups directly challenging the advantages that incumbents have long had in a monopoly internet position. What will the new “creative economy” be? Is it much better than the current distribution in Web2?

By making data portability seamless, Web3 provided the platform to break down the barriers many major internet companies rely on today to subdue their competitors. We could see more changes to user behavior towards privacy and control changes as Web3 advances, especially if they can control it in one place (the crypto wallet).

Anyone can track, at any point in time, interaction data of the user base and activity on a publicly available ledger in Web3. When users access the internet and use applications, the data from those interactions no longer exists only on that application's server. It is recorded on a shared ledger and is publicly accessible. Incumbents will not have the first-mover advantage that their Web2 counterparts have.

# User Orientation for Crypto Wallets in Web3

To make Web3 work, you also need to reorient your thinking from creating new accounts for every app to a “bring your own account” structure and a crypto wallet for navigating the site. This is seamless, truly decentralized, and requires no permissions, and no need for hassles like storing passwords with a central authority and hoping access isn't abused or hacked. 

Besides, users must also reorient their thinking about crypto wallets if they want to realize their wallets’ true potential. This allows you to be completely in control, and your crypto wallet is like a passport to navigate the vast world of the Internet.

When you can combine identity and utility, the user actually becomes an owner of a part of Web3.

# Start your Web3 journey with 3S Wallet 
3S Wallet is a strategic product in the ecosystem of BHO Network. Along with the future and the vast potential of Web3, 3S Wallet is oriented to be a simple, secure and safe Defi wallet. With a one-touch interface and simple navigation gestures, 3S Wallet makes it easy for new users to access. You can download and start your Web3 journey with 3S Wallet [here](https://3swallet.com/).

## Some features of 3S Wallet

- [3S Wallet](https://3swallet.com/) - A multi-chain-enabled non-custodial crypto wallet that provides secure and convenient storage and management of crypto assets according to Web3 standards. You can store more than 3000 different coins/tokens.

- Allows trading, storing, and managing coins/tokens and NFT assets on multiple blockchain networks such as Ethereum, Binance Smart Chain, Polygon, Fantom, Avalanche, Optimistic, Arbitrum, Cronos, Solana, BHO Chain, etc.

- 3S Wallet provides one-click access to different DeFi exchanges: Kyber Network, Uniswap v3 (coming soon), SushiSwap (coming soon), PancakeSwap (coming soon). 

- Users who use the coin/token swap feature on 3S Swap will enjoy cheap gas fees, lowest slippage rates, just with the simplest and fastest gestures.

# Summary
Through the above article, we can see that the future and potential of cryptocurrency wallets for Web3 is critical and necessary. Most crypto wallets these days are easy to use, secure, and put you in control of your assets. Whether you are a cryptocurrency trader, or just interested in safe asset storage, now is a great time to start using 3S Wallet - the right Web3 crypto wallet for your assets.


🎁 **Invite friends to use 3S Wallet - Get passive income with your own system up to $20 for every successful referral. Join 3S Wallet's Rewards program today [HERE](https://3swallet.com/reward)!**

In this article, BHO Network will provide you with information about the critical role of crypto wallets to the unlimited potential of Web3.

large_BHO ENG.jpg

medium_BHO ENG.jpg

small_BHO ENG.jpg

thumbnail_BHO ENG.jpg

BHO ENG.jpg

The Critical Role of Crypto Wallets in Web 3.0

***[Smart Contract](https://bho.network/smart-contract)** often appears in online transactions, especially on digital technology platforms and cryptocurrency transactions. Blockchain supports the contract in establishing a structure for easy manipulation by users. However, not everyone is well informed about this new type of contract. BHO Network's sharing content will help you learn more about the above issue. Stay tuned!*

## 1. What is a Smart Contract?

Smart contract is a program that runs on the Blockchain as a digital contract executed by a set of rules. The computer code will define the contract principle, and the task of the nodes in the network is to copy and perform. The code that runs on the distributed system will generate the protocols that don't need to be delegated. Specifically as follows:

- Contract parties can make commitments through the Blockchain without revealing their identities or requiring trust.
- The user can guarantee that there will be no execution if the contract conditions are not satisfied.

Intelligent contract users do not need third-party support. Therefore, you will reduce operating costs for users. Every Blockchain will have a way to deploy Smart Contracts. For example, Cosmos has WASM, Polkadot has ink!,  Ethereum Virtual Machine - EVM,...

![smart-contract.png](https://cdn.bho.network/cms/smart_contract_4be4020e27.png)

*Smart contracts are created on Blockchain*

## 2. How Smart Contracts

Work specific service to satisfy certain conditions. Therefore, a **Smart Contract** often follows "if…then...".

**Smart Contracts** are responsible for executing and managing the activities on the Blockchain when users interact with each other. Any address not part of the contract is called an Externally Owned Account (EOA). The contract is equipped with additional computers to control and provide EOA to the user. Ethereum has two components:

- The contract creator offers the first public key contract code.
- The public key is the primary representative. This key acts as a unique digital identifier for each smart contract.

![smart-contract1.png](https://cdn.bho.network/cms/smart_contract1_556ab86b9c.png)

*How smart contracts work*

*Smart Contracts* will be deployed via Blockchain transactions. Contract activation code is EOA or by other contracts. However, the first trigger point is always from the user's side.

**Example of how smart contract works:**

You want to rent an apartment and pay on Blockchain. The receipt will be included in a Smart Contract. The landlord will provide the password to the tenant on a specific date in the lease. The contract will be refunded if the password does not arrive on time as agreed between the two parties. 

According to Smart Contracts, if the unlock pass is sent before the due date, the system will keep the money and the code. The operating contract is based on a pre-established command and is monitored by many people, ensuring no errors arise.

> **Read more: [What is ICO](https://bho.network/what-is-ico)? Overview of the ICO investment process**

## 3. How is Smart Contract different from traditional contract?

To realize the difference between a *smart contract* and a traditional contract, you need to understand the highlights of each type of contract. Specifically, standard contracts will have the following characteristics:

- Legal experts create contracts.
- Contract content compiled a large number of documents.
- The contract requires the third party to enforce.
- It takes a long time to reach an agreement and conclude.
- Traditional contracts can have many problems, not being transparent.
- Traditional contracts are costly and rely on the judicial system to resolve issues.

![smart-contract2.png](https://cdn.bho.network/cms/smart_contract2_72d2d9d2b1.png)

*Smart contracts have more highlights than traditional contracts*

**Smart Contracts** have many differences from traditional contracts. Specifically, the advantages of *smart contract* compared to other contracts are:

- Contracts are created by programming languages ​​such as C++, Go, Python, and Java.
- The Blockchain distributed ledger system executes the entire code of the contract.
- The contract does not require an intermediary third party.
- Contract content always ensures transparency and accuracy in enforcement.

## 4. Why should you use Smart Contract?

Vending machines at supermarkets sell essential items such as bottled water, cakes, or snacks. You put 20,000 dongs into the machine, press the button to choose an energy drink bottle, and receive a drink at the pick-up slot. This is a simple, smart contract you often see and have done.

This all happens thanks to a small program that is coded into the machine before execution:

- if money received == 20,000
- && the button pressed is “Red Bull.”
- then release Red_Bull

This code is like a kind of automatic contract dynamic, with conventions of terms, and is automatically enforceable. The machine will automatically plan and put the smart contract into trading.

![smart-contract3.png](https://cdn.bho.network/cms/smart_contract3_bfe22b54ea.png)

*Reasons to use smart contracts*

## 5. Advantages and limitations of Smart Contracts

If you want to prevent risks in using smart contracts, it is essential to learn about the strengths and weaknesses of Smart Contracts. BHO Network will help you learn more about the advantages and disadvantages of smart contracts right in the content below. Stay tuned for more!

### 5.1 Advantages

*Smart contracts* are a product of digital technology and help solve the disadvantages of traditional contracts. Therefore, *Smart Contracts* have been improved and possess many outstanding advantages such as:

- **Application**: Smart Contract can be used in many fields such as electronic money, Logistic, banking, and real estate, ...
- **Freedom**: The contract is not governed by any agency or a third party.
- **Distributed**: Smart contracts are copied and distributed in a decentralized network.
- **Deterministic**: The contract only executes established orders when the condition is satisfied. The results do not discriminate between the operators to ensure fairness.
- **Automation**: The automation mechanism for various contract tasks adapts flexibly. If not activated, the contract will remain “inactive” and not perform any activity.
- **Non-modifiable**: Smart contracts deployed are immutable, helping to prevent tampering by bad actors.
- **Customizable**: Before the contract is activated, the credentials can be encrypted and created in a Dapp.
- **There is no need to rely on trust**: Everyone can use smart contracts to cooperate without pre-existing trust. Blockchain technology will ensure the accuracy of data.
- **Transparency**: The contract is built on a public platform, transparent to all activities. However, you will not change the contract's source code.

![smart-contract4.png](https://cdn.bho.network/cms/smart_contract4_7e2adeacf3.png)

*Advantages of Smart Contract*

### 5.2 Limitations

Besides the advantages, smart contracts still have some limitations that you need to pay attention to, such as:

- Legality: Smart contracts are not yet regulated in legal terms. Therefore, users will not be protected.
- Deployment cost: Users need to pay an amount for the system, computer, and programmer to create a smart contract.
- Risks from the internet: Basically, smart contracts will be safe if they don't reveal sensitive information or let hackers find vulnerabilities. All activities related to the internet can be revealed due to attacks from bad algorithms.

> **Read more: [What is IEO](https://bho.network/what-is-ieo)? How to invest IEO to achieve the highest efficiency**

## 6. Components of Smart Contract

An entire smart contract will be made up of many components. Specifically, the elements that make up *Smart Contracts* include:

- **Subject**: These are the related parties listed in the contract. The policyholder needs to grant access to the machine to lock and unlock when needed automatically.
- **Electronic signature**: This is a required element used to confirm agreement to the terms of the agreement contained in the contract.
- **Contract terms**: These are encrypted activity chains. Compulsory parties must accept these terms.
- **Decentralized platform**: The contract is completed and uploaded to the Blockchain after distribution.

![smart-contract5.png](https://cdn.bho.network/cms/smart_contract5_820fc0f915.png)

*Smart contract*

## 7. Does Smart Contract have any risks?

In essence, Smart Contracts are just pieces of code that run on the Blockchain platform. The way the contract works is based on the developer's writing style. Therefore, *smart contracts* still have many risks because the code is likely to have bugs and be attacked by hackers.

In 2021, in the world there are many *Smart Contract* hacks and cause a lot of damage.. To avoid risks, contract makers must pay attention to issues such as terms from the time to pay Tokens of the fund, team, etc. When there is a mistake, you must rewrite the contract from the first step.

![smart-contract6.png](https://cdn.bho.network/cms/smart_contract6_0996282783.png)

*Smart contracts still have many potential risks*

## 8. How is Smart Contract applied in Crypto?

Smart contracts provide applications to enhance the user experience. Developers can use this to develop more products such as e-wallets that store Coin-Token, decentralized exchange Dex, gaming games, and NFT,...

**Related posts:**
- [What is IDO? Should I invest in IDO?](https://bho.network/what-is-ido)
- [What is Proof of Stake (POS)? Things you need to know](https://bho.network/what-is-proof-of-stake)

***Smart Contracts** are increasingly used widely and play an essential role in many fields. Especially if you are involved in the cryptocurrency market, this is an essential factor that cannot be ignored. Hopefully, the sharing of [BHO Network](https://bho.network) has helped you understand what a smart contract is. Wishing you successful and secure transactions in the future with this new type of contract.*

What is a smart contract? What is the difference from traditional contracts? Let's find out with BHO Network now.


medium_smart-contract3.png

small_smart-contract3.png

thumbnail_smart-contract3.png

smart-contract3.png

Smart Contracts - Information Overview

# Why you should use and share 3S Wallet
Recently, 3S Wallet has officially launched the "Rewards" program. In addition to making transactions and storing your assets on the wallet, you can also generate additional passive income from sharing and referring the 3S Wallet app to your friends. Build your own system, get unlimited rewards with 3S Wallet's Rewards program!

Learn more about the program [here](https://bho.network/explore-the-latest-3s-wallets-rewards-program)

![ENG 1.png](https://cdn.bho.network/cms/ENG_1_75fb7a83a2.png)


Some reasons for using and sharing 3S Wallet to generate extra income: 

- 3S Wallet is a strategic product in the BHO Network ecosystem. Therefore, the product is developed and moderated very thoroughly. The interface of 3S Wallet is optimized to be the simplest and easiest to use for newbies. So you can confidently share the application for friends and relatives to use.

- 3S Wallet has full functions for storing, buying and selling coins/tokens on various blockchain networks such as Ethereum, Binance Smart Chain, Polygon, Fantom, Avalanche, Optimistic, Arbitrum, Cronos, Solana, Polkadot, BHO Chain, etc. Instead of buying and selling coins/tokens on centralized exchanges and then sending them to a cryptocurrency wallet for storage, you can do all of the above with 3S Wallet. The demand for buying, selling, exchanging and storing coins / tokens is increasing daily, especially when the market signal is good, the transaction volume will increase significantly. Then, your reward will increase thanks to the trading volume of the people you have referred.

- In addition, the perks of 3S Wallet's "Rewards" program are flexible, and you can build your own system with up to 4 levels to receive indirect rewards from the people you have referred the app to, when they keep building the system under you. This is the motivation for everyone to support each other in the spirit of win-win and create unlimited passive income with 3S Wallet.

![ENG 3.png](https://cdn.bho.network/cms/ENG_3_783c34db3f.png)

# Suggestions on ways to share 3S Wallet app
To share the 3S Wallet application to more people, you can refer to a few ways below:


1. The simplest way is to introduce and guide your friends, relatives, or groups of friends who are interested in and love the crypto market.

2. Build your own personal branding on many social platforms today revolving around the topic of crypto, and insert 3S Wallet referral link in the description.

3. If you have a website, you can place a banner on the website that leads to your 3S Wallet referral link, or you can rent a banner on crypto websites.

4. Build a series of articles with keywords focusing on instructions on how to use and potential benefits of 3S Wallet on your Website, Facebook, Fanpage, Twitter, etc.

5. Make videos on Tiktok, Youtube to share separately about the Crypto market, each video has a ref link about 3S Wallet. Contents can be general analysis of the market situation or specialized in coin/token trading.



⚡️ In addition, if you already have a website, blog, social media account or podcast with a large and regular traffic, 3S Wallet is willing to work with you to help you increase your income as a partner and have more benefits. Please fill out the form [here](https://docs.google.com/forms/d/e/1FAIpQLSeyF3fEaVCE1JGFLVyzO9rSa0Zp9jGboXDrpRikkgGcpMd7xQ/viewform).

Above are a few suggestions on how to create passive income with 3S Wallet that BHO Network wants to provide to you. Hopefully, through the article, you will understand the potential to generate income from 3S Wallet, as well as how to build your own system. From there, you can completely create an unlimited income system with 3S Wallet. 


🎁 **Invite your friends to use 3S Wallet - Get passive income with your own system up to $20 for every successful referral. Join 3S Wallet's Rewards program today [HERE](https://3swallet.com/reward)!**

Build your own system, get unlimited rewards with 3S Wallet's Rewards program!

large_nov 30 BHO TA.png

medium_nov 30 BHO TA.png

small_nov 30 BHO TA.png

thumbnail_nov 30 BHO TA.png

nov 30 BHO TA.png

CREATE A SYSTEM AND GENERATE UNLIMITED INCOME WITH 3S WALLET'S REWARDS PROGRAM

**Centralized exchange, or CEX, is considered as the first choice of many investors when entering the cryptocurrency market because of its features, ease, and high liquidity. However, contrary to popular assumption, running an exchange is not an easy job and CEX is much more "fragile" than people realize. This is demonstrated by the enormous number of Centralized exchanges that have failed spectacularly over the past decade due to security flaws or simply bad management.**

Let’s look at the most notorious CEX scandals in the history of crypto through this article.

# Thodex



![1.png](https://cdn.bho.network/cms/1_cca3345600.png)

Thodex is a crypto exchange based in Turkey that was established in 2017, with a scale of more than 390 thousand users as of the end time. In April 2021, Thodex suddenly went offline to the surprise of 391,000 platform users. The exchange then halted withdrawals citing a technical glitch, then blamed it on cyberattacks. However, shortly after, Turkish authorities reported that Ozer and his accomplices had fled to Albania with more than $2.6 billion of investors.

Turkish authorities have stated that they have evidence of crypto asset transfers from Thodex wallets to bank accounts controlled by the Özer family. In addition, Faruk Fatih zer was accused of exploiting banks and credit unions and information systems to fund a criminal enterprise. Ozer was detained in Albania in September 2022 and now faces 40,564 years in jail.

# QuadrigaCX


![2.png](https://cdn.bho.network/cms/2_5507f59856.png)

One of the strangest thefts in the history of cryptocurrency was QuadrigaCX. The Canadian exchange claimed that it was unable to access any of the frozen wallets thought to be holding customer assets after the founder's unexpected death in December 2018. Six cold wallets were found to belong to QuadrigaCX when investigators started looking into the company's financial position. However, it was eventually discovered that five of them perished in or around April 2018. Recent investigations have revealed that the company's "fraud" was responsible for a significant amount of QuadrigaCX's losses. This exchange and Cotten run like a Ponzi scam. Gerald Cotten used a deposit from one client to cover a withdrawal from a different client. Recent figures from the Ontario Securities Commission show that the exchange owes more than 76,000 customers total assets of $215 million, but Ernst & Young, the bankruptcy trustee, has only so far recovered or officially approximately $46 million in assets to pay customers.

# MtGox

![3.png](https://cdn.bho.network/cms/3_cf2e2a3d6e.png)

MtGox, the Tokyo-based exchange is the most famous of the “grounded” crypto exchanges, which stands for Magic The Gathering Online eXchange. Founded by Jed McCaleb in July 2010 and sold to Mark Karpelès on March 6, 2011.  Initially, MtGox was merely a card exchange before entering the cryptocurrency space. At its peak, MtGox processed about 70% of all bitcoin transactions. And its demise started in February 2014, when the company stopped trading, shut down its website, and applied for bankruptcy protection after 850,000 Bitcoins, now worth US$450 million, vanished from customer assets as a result of cyber attacks. Japanese authorities have detained CEO Mark Karpelès a few times. In March 2019, he was sentenced to 30 months in prison by a Tokyo court, but he was subsequently given a suspended sentence for four years. Most of the money has yet to be refunded to the customer.

# FTX


![Screenshot 2022-11-20 212912.png](https://cdn.bho.network/cms/Screenshot_2022_11_20_212912_6b924d7d93.png)

FTX used to be one of the largest exchanges in the world before filing for bankruptcy in November 2022. The exchange is operated by Sam Bankman-Fried and is headquartered in the Bahamas. It has spent millions of dollars lobbying US lawmakers to introduce crypto-friendly sanctions.

On November 2, cryptocurrency news site CoinDesk reported on a leaked document showing that Alameda Research, a hedge fund run by Bankman-Fried, held an unusually large amount of FTT tokens - native token of FTX exchange. FTX and Alameda are literally two separate businesses, but the research claims that their finances are intertwined.

Changpeng Zhao, the founder and director of Binance and the company that has invested the most in FTX, stated that he would liquidate all of his holdings in FTX, including the FTT coins. This led to unhappiness among investors, a sharp drop in the value of FTT tokens, and a significant inflow of cash out of the FTX exchange. FTX had to halt withdrawals as the liquidity strain reached its apex. Sam Bankman-Fried, CEO of FTX, attempted to remedy the liquidity problem and restore money to users by raising financing, but he was unable. Sam Bankman-Fried left FTX when it declared bankruptcy on November 11, 2022, and the company finally failed alongside roughly 130 other linked businesses.

# Is it safe to store your assets on CEX?

The truth has unmistakably shown that "exchanges are safe locations," contrary to the ignorant public notion, is not true. The phrase "Not your key, not your money" (Not your key, not your money) has long been propagated by the community of seasoned investors with the idea that every investor should give priority to storing assets in personal wallets rather than on centralized exchanges to prevent needless losses. 3S Wallet is a multichain wallet application that is currently trusted by many investors thanks to its high security, multichain support, and user-friendly and customizable interface.

# About 3S Wallet

3S Wallet is a decentralized multichain wallet product developed by BHO Network. With 3S Wallet, users can store crypto assets with high security, and no one can access your assets without the private key. Currently supporting storage, management, and transactions on 13 different networks, 3S Wallet integrates multiple networks and will continue to grow to support additional networks like Ethereum, Binance Smartchain, Tron, Polkadot, Cardano, Solana, Polygon, Optimism,... and BHO Chain, a layer 1 network created by BHO Network. In addition to security features, 3S Wallet has a very user-friendly interface that is accessible to all users, minimizing the challenges and barriers that novice users frequently have when accessing new technologies.

3S Wallet is now available on the AppStore and Google Play store, download and experience NOW at: 
- Appstore: https://apps.apple.com/vn/app/3s-wallet/id1622316272
- CH Play: https://play.google.com/store/apps/details?id=network.bho.wallet&hl=vi&gl=US

🎁 Invite friends to use 3S Wallet - Get passive income on your own system up to $20 for every successful referral. Join 3S Wallet's Rewards program today AT: https://3swallet.com/en/reward


In this article, we will look at the most notorious CEX scandals in the history of crypto.

large_CEX TA.png

medium_CEX TA.png

small_CEX TA.png

thumbnail_CEX TA.png

CEX TA.png

THE MOST NOTORIOUS CEX SCANDALS IN CRYPTO HISTORY

**Since their launch, NFTs (Non-fungible tokens) have proven their capabilities as exceptional tools for tokenizing real-world and digital assets with a better guarantee of value.** 

Essentially NFT is referred to as a form of token/a unit of data on a digital ledger, called a blockchain. Blockchain provides certification of the uniqueness and non-transferability of the digital asset involved. Therefore, NFT has the value of originality, uniqueness, and unreplicable, leading to higher valuation. Therefore, NFT storage is also important to consider. Why should you care about NFT and NFT storage tools? Let's find the answer with BHO Network in the article below.

# Potential of the NFT market
Today, NFT is growing very fast and has the potential to revolutionize the traditional marketplace for artists or collectors.


![us-non-fungible-token-market.png](https://cdn.bho.network/cms/us_non_fungible_token_market_01ed08fa9f.png)

According to a report by Grand View Research, the global NFT (Non-fungible Token) market size is currently valued at $15.54 billion in 2021, and has a compound annual growth rate (CAGR) of 33.9% in the period 2022-2030.
 
However, the development of NFT is not a natural one, but also a process with both success and failure. Besides, thanks to the completion of the blockchain platform, the features of NFT are increasingly developing, creating rapid growth.

Looking at the actual revenue that the NFT market brings, we can see the great potential of NFT. Some real examples of revenue from NFT are: An NFT "tweet" of Twitter CEO Jack Dorsey sold for $ 2.9 million, NFT CryptoPunk Avatar sold for more than $ 11.7 million, or the record profit of 100,000% within 3 days of the NFT painting "Trump". 

In addition, the future development trend of NFT also extends to other fields, namely real estate, entertainment, and media. The NFT game market is also considered by many experts to have continuous strong growth. The practical application and development speed of NFT games attract great attention from investors as well as game developers. This is the category chosen by many investors when initially approaching the NFT market.

In general, NFT is still a market with strong development trends, a "fertile and potential" land for those who are knowledgeable and know how to invest. Many financial experts around the world believe that NFT will become the latest money-making trend of crypto investors. As the blockchain platform becomes mature and mainstream, the NFT craze will continue to explode in the future.

# Learn about NFT storage wallets
With the potential and strong development trend of NFT, as an investor, you definitely cannot ignore this fertile market. However, to start participating in the NFT market, just like storing coins / tokens, you need to own an NFT storage wallet. This is a must-have tool to start trading and buying/selling NFT. First, BHO Network will introduce you to the functions and characteristics of the NFT storage wallet.

- A NFT Storage Wallet is a digital wallet that stores your NFTs and cryptocurrencies in one place. This wallet helps you get more assets besides buying and selling your coin/token. 

- The recent dramatic increase in NFT purchases has also led to the development of functions in crypto wallets that can store art NFTs once minted or purchased.

- NFT wallets don't actually contain a specific digital version of assets, but similar to coins/tokens, the wallet only stores information regarding your NFTs’ location on the blockchain.


![Screenshot 2022-11-18 164447.png](https://cdn.bho.network/cms/Screenshot_2022_11_18_164447_0dae773547.png)
To find a good and secure NFT wallet, you have to figure out what are the best and necessary features for your NFT storage. BHO Network have listed some necessary feature recommendations for specific NFT wallets as follows:

## User-friendly
The most important feature you should look for in the best NFT wallet is the user-friendly interface. NFT is a complicated concept for a beginner, so you won't need a complicated UI in your NFT wallet to make matters more difficult. Therefore, you must look for NFT wallets that are easy to set up and check out your collection easily. 

## Cross-chain compatibility
The next important aspect to look for in a top NFT wallet is blockchain network compatibility. Ethereum's popularity coupled with its large number of developers makes it the preferred platform for NFT users. As a result, you can find the majority of NFT-enabled wallets based on the ERC-721 standard. 

Also, you should keep in mind that if you have to mint, buy or sell NFTs on other blockchain networks, you need a cross-chain compatible wallet. 

![Screenshot 2022-11-18 164515.png](https://cdn.bho.network/cms/Screenshot_2022_11_18_164515_e0ddbcfbbb.png)

# About 3S Wallet
3S Wallet is a product in the ecosystem of BHO Network, and has all the necessary features of an NFT wallet to help you store NFTs safely and quickly. Currently, 3S Wallet’s latest version allows sending, receiving and storing NFTs. You can download and experience 3S Wallet [here](https://3swallet.com/).


![luu-tru-nft.png](https://cdn.bho.network/cms/luu_tru_nft_890f4ddcb3.png)

## Some features of 3S Wallet

- [3S Wallet](https://3swallet.com/) - A multi-chain-enabled non-custodial cryptocurrency wallet that provides secure and convenient storage and management of crypto assets according to Web3 standards. You can store more than 3000 different coins/tokens.

- Allows trading, storing and managing coins/tokens and NFT assets on many blockchain networks such as Ethereum, Binance Smart Chain, Polygon, Fantom, Avalanche, Optimistic, Arbitrum, Cronos, Solana, BHO Chain, etc.

- 3S Wallet is oriented to be a simple, secure and safe Defi wallet product. With a one-touch interface, 3S Wallet's simple gestures make it easy for new users to approach.

# Summary 
The year 2022 presents us with tremendous financial prospects regarding NFT. Gradually, more people became interested in NFT. Accordingly, the demand for the best NFT wallets will also increase as more users seek access to NFT domains or NFT collections of artists, creators, etc. However, it's important to note that you're in the early days of NFT collecting and trading. It is important and necessary for you to learn and choose a safe NFT storage wallet. And BHO Network's 3S Wallet will be a good choice for you to store your favorite coins/tokens, as well as your favorite NFTs.

🎁 **Invite friends to 3S Wallet - Get passive income up to $20 for every successful referral. Join 3S Wallet's “Rewards” program today [HERE](https://3swallet.com/reward)!**

Why should you care about NFT and NFT storage tools? Let's find the answer with BHO Network in this article.

Store NFTs safely with 3S Wallet

**3S Wallet has officially launched the "Rewards" program that allows users to receive passive income through sharing, referring 3S Wallet applications to friends and receiving rewards.**

In this article, BHO Network will guide you in detail on how to participate in the 3S Wallet Rewards program!

Explore more about 3S Wallet's “Rewards” program [HERE](https://bho.network/explore-the-latest-3s-wallets-rewards-program)!

# How to get the referral code
If you have previously used 3S Wallet or you are a new user installing 3S Wallet for the first time, you will get the following interface when you click on the "Rewards" feature:

![Referral code.png](https://cdn.bho.network/cms/Referral_code_ae7e7f22e9.png)


You need to enter “Referral Code” to activate and join the program.

- If you received a referral code from your referrer, just enter “Referral Code” and press “Confirm”

- If someone refers you to install 3S Wallet through a link, you must click on the link once again and then choose "Open 3S Wallet" so that the application may verify the referral information and turn on automatically so that you can begin taking part in the program.

- If you were referred to install 3S Wallet via scanning a QR code, you will see a 4-digit referral code under the QR code. You enter that information in the “Referral Code” section and click and “Confirm”

In addition, if you have been using 3S Wallet or installing 3S Wallet without any referral, you can get 3S Wallet's "Referral Code" by following these steps:

**Step 1:** Click on the exclamation point icon in the right corner of the "Gift" interface.

The screen will go to the introduction page of the “Gift” program on 3S Wallet and the “Referral Code” section will be displayed on the top of the page.

![Get code.png](https://cdn.bho.network/cms/Get_code_171eb3a952.png)


**Step 2:** Copy “Refferal Code”

![Copy Code.png](https://cdn.bho.network/cms/Copy_Code_655aaa1dca.png)

**Step 3:** Enter “Referral Code” on “Rewards" interface of 3S Wallet and press and “Confirm” button, your interface will display as follows:

![Comfirm.png](https://cdn.bho.network/cms/Comfirm_00e59efb87.png)


# 3S Wallet's "Rewards" program interface
The "Rewards'' interface in 3S Wallet will statistics and display data like: withdrawable incentives, total volume of transactions, number of individuals you've referred and who have generated transactions on 3S Wallet using the invited and valid information.

![Reward.png](https://cdn.bho.network/cms/Reward_2295b38f31.png)

## Invite your friends
To refer and share the 3S Wallet app, tap the “Invite Friends” button. 3S Wallet provides 3 ways to “Invite Friends” as follows:

![invite friend.png](https://cdn.bho.network/cms/invite_friend_271a1bcce2.png)

### Option 1: Share the application download link:

- Click share link
- Copy path
- Send the link to the person you want to refer

### Option 2: Share referral code
- Click on the referral code
- Copy referral code
- Send referral code to the person you want to refer

### Option 3: Share QR code
- Click on “QR Code”
- Scan directly or Take a QR code to send to the person you want to introduce

## Earn rewards

Click "Get Reward" to transfer the BUSD to your 3S Wallet after collecting a reward worth 1 BUSD or greater.

![Claim reward.png](https://cdn.bho.network/cms/Claim_reward_2b3da9ca43.png)


Before claiming the wallet prize, you must verify the following details (with in mind that BNB is required to pay the claim fee):

![Claim comfirm.png](https://cdn.bho.network/cms/Claim_comfirm_0cf444b348.png)


Following confirmation, 3S Wallet will execute a transaction to transfer funds from the "Rewards" program to the wallet and will tell you as soon as it is finished:

![Claim message.png](https://cdn.bho.network/cms/Claim_message_2d2ab52cd7.png)

---

**Above are the detailed instructions on how to participate in the "Gift" program of 3S Wallet. BHO Network hopes that the article will help you to access more easily in the process of joining the program and create unlimited passive income with your own system and 3S Wallet!**

🎁 **Invite friends to use 3S Wallet - Get passive income on your own system up to $20 for every successful referral. Join 3S Wallet's Rewards program today [HERE](https://3swallet.com/reward)!**

3S Wallet has officially launched the "Rewards" program that allows users to receive passive income through sharing, referring 3S Wallet applications to friends and receiving rewards.

large_NOV 20 1.jpg

medium_NOV 20 1.jpg

small_NOV 20 1.jpg

thumbnail_NOV 20 1.jpg

NOV 20 1.jpg

HOW TO JOIN 3S WALLET’S REWARDS PROGRAM

**3S Wallet has officially launched the "rewards" program that allows users to receive passive income through sharing, referring 3S Wallet apps to friends and receiving rewards. “Invite your friends to use 3S Wallet - Get passive income by your own system”.**

**How does the “Rewards” program on 3S Wallet work? What are the rewards for users when joining? Find out more details with BHO Network through the article below!**

![ENG 1.png](https://cdn.bho.network/cms/ENG_1_75fb7a83a2.png)


# About “Rewards" program on 3S Wallet

The "Rewards" program is the latest feature that 3S Wallet has just brought to users. Through 3S Wallet's "Rewards" function, users can get passive income by sharing, referring 3S Wallet apps to friends and receiving passive income by their own system. Follow these below steps to participate this program: 

1. Invite friends to use 3S Wallet with your referral code or share link.

2. User joins and activates the wallet with a referral code.

3. Get your rewards and keep referring more friends to use 3S Wallet.

![ENG 2.png](https://cdn.bho.network/cms/ENG_2_2fe8df06b3.png)


## Exciting gifts from “Rewards” program on 3S Wallet
When you use the “Rewards” feature to invite your friends to download and use the 3S Wallet mobile app, you will receive the following rewards:

- Welcome Bonus: First $1 bonus when a friend (referred by you) makes a minimum swap of $250.

- Growth Bonus: After the first $250, you will get 0.2% for every next trade your friends make.

- System Rewards: When your friends keep referring others and get rewards, you will also get a reward equal to 50% of their reward.

⚡️ In addition, if you are a website, blog, social media account or podcast owner, 3S Wallet is delighted to make a collaboration to help you increase your income as a partner.

In particular, the program helps you get more rewards if you create a user system for the 3S Wallet application (referred & created by you and your friends). The mechanism is as follows:

- Every time your referred user has more income, you will also have more income. (Example: When your friend gets $1, you will get $0.5, equivalent to 50%)

- The more users your friends refer to, the more income you get.

*(Note: This program only allows you to create a system of up to 4 levels)*

![ENG 3.png](https://cdn.bho.network/cms/ENG_3_783c34db3f.png)


For example:
- user A refers to user B using 3S Wallet, user A gets a reward of $1.
- user B refers to user C, then user B gets $1 and user A gets $0.5.
- user C refers to another person, then user C's reward is $1, B's is $0.5 and A's is $0.25

# FAQ about “Rewards" feature on 3S Wallet 

**1- The program timeline?** 

The program will begin on November 13, 2022.

**2- Definition of “Valid Referee”?**

A valid referrer (Referee) must meet the following conditions: Total swap value within 60 days from the date of entering the referral code, and must be greater than or equal to $250.

**3- How can I refer to my friends?**

- Option 1: Share the link with your friends.
- Option 2: Share QR code with friends.
- Option 3: Share the referral code for your friends to enter the code.

**4- Which rewards will I receive?**

You have a chance to get up to 3 different rewards:

- Welcome Bonus
- Growth Bonus
- System Rewards

**5- How much will I receive?**

- Welcome Bonus: 1% bonus for the first $250 when friends do swap.
- Growth Bonus: After the first $250 you will get 0.2% for every transaction your friends make.
- System Reward: When your friends get the reward, you will also get a reward equal to 50% of their reward.

**6- Is the biggest reward $20?**

- There will be no maximum bonus. You can get $20, $10,000, $1 million or more.

**7- Is there a limit to the amount of the bonus that can be withdrawn?**
- There is no minimum amount of the bonus that you can withdraw. 
- However, you should note that in order to withdraw the bonus, each person you refer must complete the first $250 swap milestone.

**8- How can I withdraw my bonus?**
- You can withdraw the bonus by clicking on confirmation on the bonus withdrawal screen.
- Users only need to pay gas fees for each transaction.

---

**Above is all information about the latest "Rewards" program on 3S Wallet that BHO Network wants to provide to you. Hopefully through the article, you can understand the benefits of participating and the reward mechanism of this program. Herby generates unlimited passive income with your own system and 3S Wallet.**

🔥 **Join 3S Wallet's Rewards program today at: https://3swallet.com/reward**

3S Wallet has officially launched the "rewards" program that allows users to receive passive income through sharing, referring 3S Wallet apps to friends and receiving rewards. Find out more details through this article!

large_NOV 11 TA- BHO.png

medium_NOV 11 TA- BHO.png

small_NOV 11 TA- BHO.png

thumbnail_NOV 11 TA- BHO.png

NOV 11 TA- BHO.png

EXPLORE THE LATEST 3S WALLET'S "REWARDS" PROGRAM

**After the Bitcoin whitepaper was published in October 2008 under the pseudonym Satoshi Nakamoto, it ushered in a whole new era for the world of financial technology, while also initiating a revolution targeting the financial system, which was having a crisis of confidence at that time. However, although the “king” initiated the revolution, Bitcoin could not have done it alone.**

Bitcoin emerged during a time of financial crisis, and distrust in banks and governments was at its peak. And Bitcoin was touted as the ultimate “salvation” solution that the financial system could then rely on. However, that was only in theory; reality has proven that Bitcoin and the Bitcoin network could not overcome the traditional financial system by themselves because of their limitations.

Making Bitcoin a means of cross-border, P2P, secure and fast international payments was a dream, and has always been a dream. Bitcoin Network itself has a very high level of security and decentralization, so naturally the network design of Bitcoin network has very limited scalability. As a simple example, the Bitcoin network can process up to 7 transactions per second and takes about 10 minutes for blocks to be confirmed, whereas Visa currently processes 1700 transactions per second on average, and can handle up to 24,000 transactions per second. While such a comparison is unfair because the Bitcoin network has a decentralized nature that traditional payment systems like Visa do not have, the blockchain network will still have to try to outdo its predecessors in order to become a financial system that can replace them. 

The next limitation lies in the core architecture of the Bitcoin blockchain, which has never been designed for building applications on it. The core architecture of the Bitcoin network is as minimalistic as possible, so building any application on top of it is very difficult. After the Segwit softfork, developers were able to build Dapps on top of Bitcoin's Layer 2 scaling solutions such as Lightning Network or Rootstock, but of course, looking at the rapid development of blockchain technology and wide application needs, that alone is not enough. 

There is no denying the “king”'s merit in initiating a new technology/finance movement that opens up new concepts and values. However, the world and blockchain have also evolved a lot since 2009, which means that Bitcoin needs parallel factors to complete the decentralized revolution it initiated. Various layer 1 blockchains have emerged to overcome the weaknesses of Bitcoin and even Ethereum. These networks are capable of handling large transaction volumes, ranging from tens to thousands of transactions per second, with transaction fees that are much cheaper than the Bitcoin network and with near-instant block validation times. The Solana network can process 2800 transactions per second and has a block validation time of only 0.4 seconds, while the Polkadot network processes about 1000 transactions per second with 4-5 seconds of block validation, and the Cosmos network processes up to 10,000 transactions per second and it takes about 2-3 minutes to validate a block of data. Each blockchain approaches the scaling problem with different solutions, by sacrificing some elements of security and decentralization in order to become more suitable for mass adoption. Layer 1 projects that use different Consensus Algorithms besides PoW such as PoS, NPoS, PoH, Tendermint PoS, etc. are much less energy consuming and environmentally friendly than the cumbersome, heavy and expensive PoW mechanism of Bitcoin.

At the same time, these blockchain platforms are designed to encourage application development, paving the way for blockchain's diverse new potential. Blockchain technology has not only stopped at a decentralized and absolutely secure ledger, but can now be applied to the fields of finance, art, entertainment, and more, and the “king” - Bitcoin - could not do that for Blockchain if it weren't for the emergence of alternative platforms. 

BHO Chain - the blockchain network developed by BHO Network - is a high-speed, low-cost layer 1 platform solution that reduces the cost pressure on builders, while providing strong scalability. BHO Chain's NPoS consensus mechanism helps the network achieve Byzantine Fault Tolerance, high security and decentralization while still being able to handle large network throughput with low power consumption and being completely environmentally friendly. BHO Chain is also designed to support small and medium businesses to apply and deploy blockchain technology to optimize resources and capital, and successfully increase performance. The goal of BHO Chain in particular, and the entire BHO Network ecosystem in general, is to promote the development of blockchain technology, increase the application of blockchain in practice and multidisciplinary applications.

**The rapid development of blockchain technology has partly made Bitcoin's technology somewhat obsolete compared to new technological solutions. However, as the pioneer, Bitcoin will still retain its position as the "king" in the crypto world, and be likened to "digital gold". But the global revolution that Bitcoin has initiated, will continue and be made possible by more potential succeeding blockchain platform solutions.**

Although Bitcoin initiated a revolution of the financial system in 2008, the "king" could not have done it alone.

large_NOV 9-TA.png

medium_NOV 9-TA.png

small_NOV 9-TA.png

thumbnail_NOV 9-TA.png

NOV 9-TA.png

THE "KING" CANNOT START A REVOLUTION BY HIMSELF

BHO Pad is a platform to support blockchain projects in building their own community, thereby helping them to raise capital. BHO Pad is a comprehensive solution for blockchain projects in raising capital, providing high-tech human resources, and consulting on marketing strategies.\n
BHO Pad was developed based on BHO Network's own successful fundraising experience, with 03 rounds of IMO (Public Sale) sales reaching more than 1 million USD in less than 40 minutes, especially the 3rd IMO round sold out in just over 30 seconds.\n
In addition, BHO Network has an expansive network of media & social networking communities in more than 20 countries and territories and more than 10,000 media partners that include news sites, communities, and KOLs.\n
With more than 100,000 members of the BHO Network community and the monthly website traffic of over 500,000 times, BHO Pad can be the door to help blockchain projects come closer to the community, thereby accessing and interacting with potential investors more easily.\
BHO Pad is one of the core products in the BHO Network ecosystem, aiming to support and accompany Vietnamese blockchain start-ups.

thumbnail_bho_pad.png

bho_pad.png

BHO Pad

A sovereign chain based on the Substrate architecture, an established blockchain platform in terms of resilience, performance, and security. BHO Chain employs the Nominated Proof-of-Stake (NPoS) system rather than the traditional Proof-of-Work (PoW) approach, resulting in a performant, green, and energy-efficient consensus mechanism. The BHO Chain is entirely open source, developers easy to build products & dapps on network.

thumbnail_bho_chain.png

bho_chain.png

BHO Chain (BHC20)

BHO Wallet is a financial tool supporting individuals or organizations to hold assets, spend, and receive cryptocurrencies. Being aware of difficulties incurred when using digital wallets on the market, BHO Wallet offers solutions to optimize users' experience by developing superior features such as: personalization, security warning, simple interface. Hence, BHO Wallet promises to bring a completely different experience, while meeting users' needs and solving complications for more than 70 million investors in the market.\n
BHO Wallet is one of the key products to complete the ecosystem of BHO Network with the goal of supporting easy and safe transactions, as well as generating more financial opportunities for the BHO Network investor community, and the crypto em in general.

thumbnail_bho_wallet.png

bho_wallet.png

BHO Wallet

BHO DEX is a decentralized exchange that enables online peer-to-peer cryptocurrency transactions.\n
BHO DEX enables projects to generate their own tokens on multiple chains, which facilitates trade and eliminates the need for multiple DEX, which results in increased risk in management.\n
With BHO DEX, end users may simply swap their tokens across several networks at a lower cost than with other DEX.\n
BHO DEX is a strategic product that leverages the high speed and cheap gas fee of BHO Network to accelerate the growth of users and dApps projects inside the BHO Network ecosystem.

thumbnail_bho_dex.png

bho_dex.png

BHO DEX

BHO NFT Marketplace is a digital commercial platform connecting buyers and sellers to provide optimal services and experiences for users when trading NFT and GameFi products.\n
With the priorities of safety and ease of use, NFT Marketplace will provide a solution to help the exchange and purchase process be transparent and fast with NFT authentication tools while helping sellers to easily setup customisable stores. NFT Marketplace is the ideal platform to connect NFT and GameFi users with a community of creators, designers, and collectors of digital art publications.\n
NFT Marketplace is one of the four key products of BHO Network in its development roadmap in 2022, creating the premise for transparent and convenient trading and buying based on blockchain technology.

thumbnail_bho_marketplace.png

bho_marketplace.png

BHO NFT Marketplace

Products

small_626x209 (En).png

thumbnail_626x209 (En).png

626x209 (En).png

BHO Network is built on BHO Chain (BHC-20) - a foundational and critical component of the BHO Network in enabling the development of a complete ecosystem based on blockchain technology.

BHO Network - Bring blockchain to life

large_bho-network-thumbnail.png

medium_bho-network-thumbnail.png

small_bho-network-thumbnail.png

thumbnail_bho-network-thumbnail.png

bho-network-thumbnail.png

favicon.ico

Our Staking Rewards event is [live](https://sale.bholdus.com/)! More information [here](https://bholdus.com/blog/article/bholdus-launches-staking-rewards-event-offering-up-to-50percent-interest)!