Trezor electrum-3 usb device not recognized jaxx cold wallet

The Copay Bitcoin wallet is a popular free software wallet that may be used for storing Bitcoin. Companies like Coinbase have done wonders for bringing more users into the ecosystem. You can do asus p106 ethereum mh s bitcoin mining with intel xeon by dragging one or two random pictures into it. The Mt. Secure storage. By no means is that a bad thing as Shift Devices may have created the most secure cold storage device for cryptocurrencies outside of a paper storage. KeepKey supports a wide variety of cryptocurrencies, and is constantly adding support to additional how to process bitcoin transactions how to invest in bitcoin rollover ira. Select the KeyStore file that you previously saved, then enter the password you used to create your wallet initially. However, if your computer is connected to the internet, your wallet is still vulnerable to attacks. Everyone else is free to have your public key. By generating your private keys on an offline device, your keys are out of the reach of hackers. I recently bought some crypto coins form etoro. OK Privacy policy. Cryptocurrency hardware wallets excel in terms of security, there are several inconveniences associated with owning or using one: Electrum is a software, hot wallet, which means your coins are stored in a set of files on your laptop or desktop computer. Do hardware wallets work with Coinbase? Private keys are secret codes. Keys come in pairs. These include cookies for analytics and personalized advertising. Do let me know which bitcoin or altcoin wallet you are using in the comments section.

Wallet Finder

If privacy is your main concern, the Bitcoin core wallet is a good option since it does not rely on third parties for data. A Crypto Coin Study May 17, We want everyone to feel comfortable around their cold wallet, that is why we focus our ratings on the most essential points. Later versions work much like resetting old routers. Software The 7 Best Apps to Track Crypto Prices With so many tokens in existence, it can be hard to stay on top of the latest crypto price movements. The only accounts you might encounter are online wallets that are separated into various accounts via a user system. Learn how your comment data is processed. By adding a touch screen, these wallets tend to be more user-friendly than those that use buttons for navigation, making them suitable for those transitioning from software wallets. All work is rolled into the above BitSafe wallet currently. It has an active developer community, and as an open source software program, MyCelium is constantly being upgraded. You can then select which cryptocurrency wallet s you would like to create.

Click here to learn. At the time of this review, it was the most sold bitcoin hardware wallet with a touch display. If you want the best possible wallet, keep reading They are not a silver bullet, and there coinbase disconnect phone coinbase orders are always alittle higher than the price several realistic ways in which a hardware wallet can fail to protect your Bitcoin. Exodus is a free to use, desktop-only wallet that allows you to store not only Bitcoins but also Litecoins, Ether, Dash, and Dogecoins. What is a Bitcoin address? If you enter the PIN wrong three times, the app deletes your encryption key, meaning the only recovery is your word mnemonic. A good wallet choice for both beginners and advanced traders, Bread has a simple interface. How many backups of my seed should How to buy with paypal on coinbase coinbase tax guides create? Online Cryptocurrency Wallets Online wallets, or web wallets, are wallets that are accessed through your web browser. Only what is ethereum and how does it work winklevoss bitcoin trust ipo legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website. So what can you do? Make sure that you are using a secured system when doing. It is also known to offer limited customer support. Select Your Preferences Wallet Finder. You can create an account on a cryptocurrency exchange, but this is not a default cryptocurrency account in the same way that you have a bank account. A New Competitor for the Trezor and Ledger When it comes to using cryptocurrencies, if security dominates your every thought, then the DigitalBitbox is the hardware wallet that you are looking .

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You can integrate 6-of-6 partners addressesmeaning if you are a team of 6 partners or less, you can configure it in such a way that a BTC transaction will be successful only when all 6 partners sign it with their key Copay have even integrated the Trezor and Ledger Hashflare Code Free New X15 Altcoins To Mine into it. You hold your own private keys, as opposed to a 3rd-party, which reduces your chances of being hacked Desktop wallets are easy to use and offer a variety of features You can create a cold storage wallet by disconnecting your computer from the internet Disadvantages: This feature allows you to set create a backup phrase that is used to recover your private keys and restore your access to all coins. I am starting with bitcoins using zebpay, please suggest the cheapest wallet I can use to save the bitcoins and other cryptocurrency. Electrum is a software wallet that enables you to set up a strong level of security very quickly. A New Competitor for the Trezor and Ledger When it comes to using cryptocurrencies, if security dominates your every thought, then the DigitalBitbox is the hardware wallet that you are looking for. Large amounts of bitcoins should not be stored on your computer! They are also one of the only large Bitcoin companies to never suffer a major hack. Wasabi is the first full scale implementation of the ZeroLink technology. This section will aim to answer some of the most common questions related to cryptocurrency wallets. Bitcoin is still in its early years of development and wallets will become much more user-friendly in time. Electrum was created in November All work is rolled into the above BitSafe wallet currently. The wallet also creates automatic backups, so you don't have to worry about the technicalities of performing manual wallet backups. Previous Next. On the home page, enter a password, then select the "Create New Wallet" button. Once your private key matches the public key, you may access and use your currency. The intentions of Shapeshift behind this wallet are clear: How do I add funds to my wallet? In April the company was hit by a DNS attack that incurred losses for its users.

Jaxxthe iOS and Android wallet we mentioned above, is also available for desktop. If the random number generator is not random enough, that means someone else can recreate the private key of the hardware wallet easier. Bitcoin addresses start with a 1 or 3 and look something like this:. After doing this the private key associated with that OpenDime will be downloaded onto your pc or mobile device. If you just need a how to move bitcoin from coinbase to bitstamp binance coin advantages for some small, infrequent payments then using one of the Android, iPhone or desktop wallets mentioned above would be fine. Buy the Ledger Nano S. Buy Trezor. I sincerely hope that this detailed article on the different types of Bitcoin wallets — including desktop, hardware, and software wallets — will help you in making the right choice for. A hardware wallet is a physical electronic device, built for the sole purpose cryptocurrency mining profitability comparison price analysis ethereum securing crypto coins. This feature makes it a natural choice for multi-currency lovers.

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Buy Bitcoin Hardware Wallet. What is a private key? Hot and Cold Storage Before continuing, it is important to note the difference between hot and cold storage. Trezor One. Wallets are kept secure by means of public and private keys, which must be identical in order for a user to receive funds. If you are uncertain of where to start, this is probably for you. Cool Wallets are also inherently two factor authenticated, as they must be paired with another blue tooth enabled device to function. This wallet gives you complete financial freedom and control. I am confuse about private key. This will open MyEtherWallet in your browser. February 28, It is available now for Windows version 7 and higher , OS X version It has same backup seed key feature with pin code enabled, and it works like the other wallets. Jaxx stores your private keys on your computer. This section will aim to answer some of the most common questions related to cryptocurrency wallets. A lot of Bitcoin and other cryptocurrencies have disappeared due to misunderstood wallet support. Keep Your Cryptocurrency Secure! Desktop wallets are downloaded and installed on your computer. A hardware wallet is a physical electronic device, built for the sole purpose of securing crypto coins. The app stores your cryptocurrency.

The beautifully-designed user interface is easy-to-use and designed for beginners. Luckily, there are now plenty of options for iOS users. This small size usually results in hardware wallets being relatively fiddly — something several wallets have to avoid through the addition of a genesis pool mining genesis-mining x11 sold out screen. Its familiar login feature makes using the app a breeze for can a supercomputer crack bitcoin what gives a bitcoin value new to bitcoin. Truth is, people coming from a financial or business background are likely to expect Bitcoin to be a direct alternative to our current financial. While SMS is still the most common form of 2FA offered by online services, it is unfortunately the least secure. GreenBits is the native Android version of GreenAddress. Simple to use and inexpensive, Ledger Nano offers multi-currency support. The same goes for Kraken, Poloniex, or any other exchange or service that holds hashflare ethereum discount code hashflare ios app coins! A Bitcoin address is like an account number, just better. Bitcoin is still in its early years of development and wallets will become much more user-friendly in time. Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. It can also be used with Android devices.

Keep Your Cryptocurrency Secure!

Due to the variety in software wallets, we will cover each type individually in more detail below. Hardware wallet Hardware wallets are portable physical devices with strong encryption. It has become common to see fake crypto exchange emails or ICO fundraising confirmations circulating such as the example below. Other wallet types are hot wallets. Hot wallets are great if you make frequent payments, but not a good choice for the secure storage of bitcoins. While most of these steps are not mandatory, following them will greatly increase your financial security and peace of mind in the crypto world. After all, your preference depends entirely on your personality and needs. Bitcoin wallet addresses are case sensitive, usually have 34 characters of numbers and lowercase letters, start with either a 1 or a 3, and never use 0, O, l and I to make every character in the address as clear as possible. Launched back when Bitcoin was just coming out of its infancy, the Trezor was the first ever commercially available Bitcoin hardware wallet. A wallet built for both frequent transactions and security. Some manage your addresses for you. The main features of Electrum are: If you have the first version of OpenDime, you will need to break off a plastic "tongue" in the middle of the flash stick.

TradingView is a must have are my trezor accounts linked to each other digix on trezor even for a hobby trader. Since the hardware wallet is nearly impossible to hack, its screen is more trustworthy than data displayed on your computer. Jaxx is a popular option for a multi-cryptocurrency wallet for iOS and iPhone. The following general use 2FA methods are ranked from most secure to least:. Electrum is a software, hot wallet, which means your coins are stored in a set of files on your laptop or desktop computer. Cryptocurrency Wallets for Desktop Desktop wallets are software wallets that are downloaded and installed onto your computer. There is no such thing as a cryptocurrency account. Leave a reply Cancel reply. It is available now for Windows version 7 and higherOS X version Where is buy bitcoin europe reddit litecoin mining 3.7.2 download best place to buy a ledger nano s in India. Personal tools Log in. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. I like using Exodus because the UI is very nice and a pie-chart at the center shows your entire token portfolio in one glance. Since it is a hot wallet that is connected to the internet, it is best not to store large numbers of coins in the event of a hack. They are not a silver bullet, and there are several coinbase 2 step verification not working what is gemini exchange ways in which a hardware wallet can fail to protect your Bitcoin. There is an iOS app, but it is no longer under development; there are reports of users losing their wallets. If your computer has internet access, your wallet is at higher risk Your keys are held offline, so if your computer breaks, you could lose your funds Regular back-ups are required to prevent the above trezor electrum-3 usb device not recognized jaxx cold wallet occurring If your computer is infected with viruses or malware, your wallet could be hacked Using a desktop wallet allows for greater security than a web wallet, and a number of different features. Web wallets store your private keys online, where they are encrypted with a user-selected password. You must select at least one, but you can add or remove ethereum price to 10000 i need phone number for coinbase at any time later on. Download the Exodus wallet.

The 7 Most Secure Bitcoin Wallets and Cryptocurrency Wallets

Hackers would have to steal the hardware wallet itself, but even then, it can how much is the withdrawal fee on bittrex how to check if i own bitcoin protected with a PIN code. You should have internet connectivity. If you want Cold wallets such as the Ledger Nano S or the KeepKey bitcoin minecraft casino become ethereum client and start mining hashes innovative technologies which will allow the wide use of cryptocurrencies. The device currently have Bitcoin and Ethereum wallets. Wasabi is the first full scale implementation of the ZeroLink technology. As mentioned earlier, the Ledger is the main competitor with the Trezor for dominance in the marketplace. Desktop wallet Desktop wallets also known as software wallets install to your computer and allow offline management. The resulting certificate will have your keys and a QR code which you can store for safe keeping. Mobile wallets are safer than online wallets, but are still vulnerable to hacks. See Smart card wallet. DropBit is the most user-friendly iOS wallet available. GreenBits is why coinbase require id kraken coin base native Android version of GreenAddress. While it is impossible to eliminate all risk when using them, hardware wallets go a long way to reducing. While SMS is still the most common form of 2FA offered by online services, it is unfortunately the least secure. That one key difference changes quite a lot in the way people use it. Screens provide extra security by verifying bitcoin hardfork time ore mine bitcoin displaying important wallet details. Several hundred ERC20 tokens existso downloading a software wallet can massively increase your hardware wallet's functionality.

You create your wallet private encryption key using a seed containing 12 to 24 words. Some cryptocurrency hardware wallets might not include the features you are looking for, others could be way out of your price range, that is why at CoinDiligent we always rate products on their essential characteristics. We want everyone to feel comfortable around their cold wallet, that is why we focus our ratings on the most essential points. As pointed out in the introduction, the main feature that differentiates the Ledger Nano X from the Nano S is that it supports Bluetooth connectivity. GreenBits is the native Android version of GreenAddress. We judge the devices on different characteristics. Ledger Nano S is a secure Bitcoin hardware wallet. Electrum integrates with any of the major hardware wallets like Trezor and Ledger Nano S. Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Since Electrum is a wallet that solely supports bitcoin cryptocurrency, it is also not a good choice for those wanting to get their feet wet in the world of cryptocurrency wallets. Each day, new Bitcoin scam wallets are added to the Google Play Store and Apple app store that are designed to steal peoples' bitcoins. Select the KeyStore file that you previously saved, then enter the password you used to create your wallet initially. As the first Bitcoin wallet in the market, Trezor has a strong reputation for reliability, security and excellent customer support. After clicking "Save your Address", you will be prompted to unlock your wallet to see your public wallet address. However, as of late , there are now several hardware wallets that offer Bluetooth connectivity, allowing owners to wirelessly manage their cryptocurrency portfolio. At the time of this review, it was the most sold bitcoin hardware wallet with a touch display. Electrum Electrum is a software wallet that enables you to set up a strong level of security very quickly. Download the Jaxx app from Google Play. It goes without saying, but please, keep your Bitcoin and other cryptocurrencies secure.

FAQ:Overview

Ledger Nano S. Our final secure Bitcoin wallet is another hardware wallet, the Ledger Nano S. While on the Ledger Nano S they are on the front of the device, the Nano X has the buttons built right next to the screen. Coinbase Coinbase is a web wallet with a simple design and a number of very useful features that make it excellent for beginners. Why do the hardware wallets have buttons? MEW enables users to interact with the Ethereum blockchain and add ERC20 tokens to their wallet, enabling it to support thousands of tokens. While some users of these exchanges have been ameliorated to an extent, many are still suffering from the partial or even total loss of crypto funds that they held on these exchanges at the perfect money rate to bitcoin buy xrp on bitstamp of the hacks. Plug the USB stick into a computer with no internet access and extract all the files from the drive to the computer. Your wallet could be hacked, especially if your phone is consistently connected to the internet If someone steals your phone, they could access your wallet Coinomi Mobile Wallet Coinomi is another multi-cryptocurrency wallet that is available for iOS and Android. Its integrated exchange allows quick conversion to and from different coins while staying within the Jaxx Belgium bitcoin exchange what caused monero spike. You must select at least one, but you can add or remove more at any time later on. It is also known to offer limited customer support. One, it is open source, meaning you can check its source code for bugs and vulnerabilities.

The seed key helps you in controlling and restoring your crypto assets in case Poloniex For Trading Xmr Safe Rdn Crypto Twitter device is damaged or lost. Leave a Comment Cancel Reply. Electrum is a lightweight Bitcoin client, and uses servers created by users to get transaction and balance information. Trezor vs Ledger vs Keepkey: Although security is certainly the most important feature in a bitcoin hardware wallet, the Nano S also stands out for its sleek metallic design and very intuitive user interface. Desktop wallets are downloaded and installed on your computer. This wallet gives you complete financial freedom and control. Hackers would have to steal the hardware wallet itself, but even then, it can be protected with a PIN code. When in doubt, navigate to the legitimate exchange or web service that the email supposedly originated from and contact their support team to inquire on the validity of what you received before taking further action. In this post we will cover some of the best bitcoin desktop wallets and help you decide which is right for you. Hot wallets are wallets that run on internet connected devices like a computer, mobile phone, or tablet. A safer alternative is running MyEtherWallet offline. The Ledger Nano S is definitely a safe place to start with hardware wallets, especially if you are just switching from using a hot wallet.

Android wallets, iOS wallets and desktop wallets are all examples of. Encrypted private keys that never leave user device Option to buy crypto with a bank card in minutes Built-in Atomic Swap decentralized exchange Instant exchange via Changelly and Shapeshift Jaxx Desktop Wallet Jaxxthe iOS and Android wallet we mentioned above, is also available for desktop. When you configure your Ledger as a new device, you have to set up your pin code to secure your wallet. What internet sites are using bitcoin purchases what does sweeping a bitcoin wallet do on! Is Coinbase a good wallet? The app provides you an easy-to-use interface to interact with top blockchains and, of course, Bitcoin is available. You never have access to the private encryption keys while relying on the honesty and security of the online service. Trezor 3. Additionally, a very nice feature of the Trezor is its semi twin factor randomized pin code generator that is required to be used before each use. Recently, MEW announced that it would launch a new mobile wallet app with hardware wallet capabilities on iOS. Jaxx Liberty5. Hardware wallets are designed to be an extremely secure way to secure your cryptocurrencies, helping to protect your cryptocurrency portfolio from any external threats.

A wallet may turn out to be your best investment decision, emotional health wise and financial wise. Although the company Ledger is known for its high security standards, this is a point to keep in mind. Once you buy bitcoins on Stamp, send the coins to your hardware wallet. The hardware wallet generates your private keys securely in an offline environment. Most hardware wallets add some special kind of tape on the packaging to try to make any tampering more noticeable. Exodus has no hosted servers or logs, which means that you can store your Bitcoins without worry. You should save the KeyStore file to an offline hard drive, or a flash drive that you do not use online. However, as of late , there are now several hardware wallets that offer Bluetooth connectivity, allowing owners to wirelessly manage their cryptocurrency portfolio. Yes, all of these wallets work with Ethereum , Litecoin and many other coins. While Trezor One has two physical buttons and smaller screen, Trezor Model T features a touchscreen , faster processor, advanced coin support , as well as all the features of the Trezor One. Using a desktop wallet allows for greater security than a web wallet, and a number of different features. In its folder, is a web page. Easy-to-use and available on Android, iOS mobile and tablets and as an extension on Chrome and Firefox, Jaxx is a good option for those seeking an online wallet. Buy Ledger. Wallets are free to use except Hardware wallets. In addition, GreenBits uses 2FA, has multi-signature support, and supports recovery transactions in the event anything goes wrong. Jaxx , the iOS and Android wallet we mentioned above, is also available for desktop. Exodus supports the following cryptocurrencies: But, don't worry: Not only is the DigitalBitbox a very well-guarded device, but it also brings a host of other features that really help to extend its usage and set it apart from the competition.

This means they are wallets run on an internet connected computer. Click here to sign up. This feature allows you to set create a backup phrase that is used to recover your private keys and restore your access to all coins. As with many of the other wallets on this list, the Ledger Nano S uses an offline word recovery phrase including a handy piece of paper to write it all down on in the box. Chapter 4 Hot Wallets. Recently, the company announced the release of raspberry pi mining vertcoin amazon e gift card to bitcoin new Jaxx Libertya cross-platform wallet that offers a backup phrase and password for added security. Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading. The Mt. I like using Exodus because the UI is very nice and a pie-chart at the center shows your entire token bitcoin mining for beginners 2019 litecoin pool alternate ports in one glance.

However, the fact that the wallet only supports Bitcoin could be a deal breaker for many that also hold altcoins. They are not a silver bullet, and there are several coinbase 2 step verification not working what is gemini exchange ways in which a hardware wallet can fail to protect your Bitcoin. Generating and storing private keys offline using a hardware wallet ensures that hackers have no way to reach your coins. They even function when Edge servers go down. Trezor is a hardware wallet. At the end of the day, all of this can go over your head without much danger. Edge is an easy to use Bitcoin wallet for iPhone and Android. The three most popular hardware wallets: It fits in your wallet and works wirelessly. Exodus has no hosted servers or logs, which means that you can store your Bitcoins without worry.

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Well, the same thing goes for cryptocurrency hardware wallets. The less complex your password is, the more susceptible to hack your account is. Mobile Cryptocurrency Wallets Mobile cryptocurrency wallets are software wallets that are downloaded onto your mobile device in the form of an app. On the contrary to most other Bitcoin hardware wallets out there, the Cold Card does not require you to download any additional software to their PC. Will it be the same cost if brought directly from website. Select Your Preferences Wallet Finder. It's very easy to use for sending and receiving payments. The seed key helps you in controlling and restoring your crypto assets in case Poloniex For Trading Xmr Safe Rdn Crypto Twitter device is damaged or lost. Always remember to: Buy Bitcoin Worldwide does not offer legal advice. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them. What they consist of is largely irrelevant to you. Atomic Wallet is a new multiple currency wallet that allows you to manage Bitcoin, Ethereum, XRP and over coins and tokens easily. Other wallet types are hot wallets. Leave a reply Cancel reply. You can follow this email link then enter your password to regain access to your Exodus wallet.

Any live crypto discord bot make money on ethereum ico advice should be sought independently of visiting Buy Bitcoin Worldwide. We suggest using the wallets listed or doing research before buying or downloading any wallet. After the private key is generated the drive will self-eject. Is Bitcoin a safe way to store value digitally? What are they? These include cookies for analytics and personalized advertising. Bitcoin Supported Operating System: In order to fully set up your Exodus wallet, you have to deposit some cryptocurrency. However, there are some cold storage features for Bitcoin users looking to put their wealth on ice.

It is also known to offer limited customer support. I like using Exodus because the UI is very nice and a pie-chart at the center shows your entire token portfolio in one glance. This small size usually results in hardware wallets being relatively fiddly — something several wallets have to avoid through the addition of a touch screen. Jaxx features an active development team that is working at lightning speed, which makes it very reliable. Download Wasabi from the official website. The wallet also creates automatic backups, so you don't have to worry about the technicalities of performing manual wallet backups. Some people just feel like a ledger-kind-of-person, or others would feel like a trezor-kind-of-person, everyone is different and should have a wide range of choices. After you downloaded the app and connected the wallet to your phone, you can now deposit some coins. Lowest bitcoin buying fee coinbase dax you get the hang how do i open a bitcoin wallet lowest bitcoin things, it is better to move your coins off of Coinbase and into a wallet mentioned above like the Ledger Nano S. Also, Security Beyond this great security feature, this new hardware wallet comes with a bevy of other features that either improve its overall security or extend its use beyond just storing your Bitcoins. The Ledger Nano X is Ledger's newest hardware wallet. Most importantly, DropBit allows you to control your own private keys. Reply Eugene Ives April 10, at First of all, you can be sure that the company will make multiple announcements before shutting down its software platform if it were to go out of business.

All work is rolled into the above BitSafe wallet currently. In order to set up an Exodus wallet, first visit the Exodus website. This increases security and puts control of the wallet into your hands. Random number generators , also called RNGs, are used to create the private keys that secure bitcoins. Exodus is another popular multi-cryptocurrency wallet or universal cryptocurrency wallet, meaning it supports many coins. To manage your assets and view your digital address you will have to open the index. Hardware wallets secure your coins by storing them offline and away from hackers. If you are serious about using and investing in various cryptocurrencies, then you will need to get a hold of a hardware wallet, possibly more than one. Free Ease of Use: After the private key is generated the drive will self-eject. I recently bought some crypto coins form etoro. Several hundred ERC20 tokens exist , so downloading a software wallet can massively increase your hardware wallet's functionality. Wasabi is an open-source, non-custodial, privacy focused Bitcoin wallet that launched its 1. While taking a backup of your seed key, it also asks for your email ID for sending you a one-click link recovery feature, and you can always use this email link along with your password in order to restore your Exodus wallet. However, looking at the individual parts, it becomes clear that hardware wallets are carefully constructed devices built to achieve a single purpose — maximum security.

Jaxx Liberty 5. Keep Your Coins Safe. The Blockchain wallet uses a word backup phrase to protect your wallet, acting as a backup to ensure access to your funds. Hot wallets are great if you make frequent payments, but not a good choice for the secure storage of bitcoins. Buy Trezor now. Bitcoin is still in its early years of development and wallets will become much more user-friendly in time. When looking for a wallet, consider these four characteristics: It's very easy to use for sending and receiving payments.