The internet has become an integral aspect of our daily lives, utilized for various purposes such as work, leisure, and communication. World Wide Web has had a significant impact on society, revolutionizing the way we share and access information, creating new prospects for education and business, and bringing people together from diverse backgrounds. 

In that world, digital assets have become the new norm and crypto wallets like Wallacy are considered an essential tool for managing your investments. Although it might not cross your mind, many people wonder whether it is possible to use Wallacy wallet without an internet connection. Let’s dive into this topic!

Can Wallacy be used when the internet goes down?

To start, it is essential to understand that Wallacy is a web3 wallet, meaning that it interacts with the blockchain network via an internet connection. Therefore the answer is “No”. Without internet, you cannot log in to your Wallacy account as well as conduct transactions on the blockchain such as sending, receiving, or swapping tokens. 

Furthermore, Wallacy wallet leverages market data to provide you with up-to-date information on the value of your portfolio in real-time. Should internet access be disrupted, you can still launch Wallacy and view your portfolio, but the pricing information may not be updated. 

How to store your crypto assets offline?

What options are available to safeguard your cryptocurrencies offline? There are primarily two approaches: hardware wallets or paper wallets. A hardware wallet is a physical device that connects to your computer and stores your cryptocurrencies offline, making it impervious to malware threats. You only need to connect the hardware wallet to your computer to initiate a transaction. Nonetheless, the disadvantage of hardware wallets is the risk of losing the device, which would lead to the loss of your digital assets.

Another alternative to protect your cryptocurrency is to use modern computer technology by leveraging a distributed network. You can opt to store your cryptocurrency on a blockchain-based network, such as Sia or Storj, that distributes data across a network. This approach guarantees that even if the main internet service providers in your vicinity encounter a blackout, you can still access your cryptocurrency through the distributed network. This protection is most suitable for digital currencies such as Bitcoin that rely on a decentralized network to store data.