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NO. Every crypto wallet offered by various crypto support companies has a specific set of cryptos that can be kept in their wallet. And some wallets only store Bitcoin.
No, not really. People store as little as ten dollars worth in a wallet, some store millions. Our advice to you is to spread your crypto assets among several wallets as an added security measure.
The difference between fungible and non-fungible comes down to interchangeability and uniqueness.
Fungible items are interchangeable with each other because they hold the same value. Each unit is identical and can be exchanged by another unit of the same type.
Example: A $10 bill can be exchanged for any other $10 dollar bill or two $5 dollar bills; the value remains the same. Another example is cryptocurrencies like Bitcoin and Solana are fungible because one bitcoin is always equal to another bitcoin.
Non-Fungible items are unique unto themselves and cannot be exchanged on a one-to-one basis because they have distinct properties. Examples of non-fungible items would be a house, or a work of art. In the crypto world, non-fungible tokens are known as NFTs and represent digital assets like art, music, or virtual real estate. These items have unique characteristics and ownership on the blockchain.
The blockchain is a decentralized, digital ledger that records transactions across multiple computers around the world in a secure, transparent, and tamperproof way. It is the underlying technology behind cryptocurrencies like Bitcoin and Solana, but it has many other applications.
The Key Features of Blockchain are that they are:
1) DECENTRALIZED. No single entity like a bank or government controls the network, rather; multiple computers, known as nodes maintain and verify the data.
2) IMMUTABLE. Once a transaction is recorded, it cannot be altered or deleted, ensuring data integrity.
3) TRANSPARENT. Everyone can view the history, providing trust and accountability.
4) SECURE. Transactions are verified through cryptographic techniques, making it highly resistant to fraud and hacking.
Here is how it works:
Transaction Initiation. You send a crypto coin to another person.
Verification. The network validates the transaction and records a new address of the coin.
Block Creation. Verified transactions are grouped into a block.
Chain Linking. The new block is added to the previous block, forming a continuous chain into infinity.
Immutable Record. Once added the block is permanent, unchangeable, and verifiable.
And that is why we can usually find your lost crypto. Criminals are learning to stay away, because they often get caught. That is part of the mission of CRYPTO RECOVERY CORPORATION.
Cryptocurrency: Bitcoin, Ethereum, Solana, and other cryptocurrencies like our very own Solana Private Club rely on blockchain for secure transactions.
Smart Contracts: Self-executing contracts such as payroll with automatic enforcement of terms.
Supply Chain Management: Companies are now using blockchain to track goods from production to delivery.
Voting Systems: Blockchain can provide secure and immutable, transparent and fraud-proof voting processes.
NFTs: Non-Fungible Tokens: Unique digital assets are stored on a blockchain forever.
Solana is the world's fastest blockchain (65,000 Transactions per second (TPS) designed for decentralized applications (dApps) and cryptocurrencies. It is known for its speed, scalability, and low transaction costs. Solana uses a unique Proof of History (PoH) consensus mechanism combined with Proof of Stake (PoS) to achieve fast transaction speeds.
Bitcoin is a decentralized digital currency designed as a store of value and a medium of exchange. It prioritizes security and decentralization but sacrifices speed (7 TPS) and scalability.
An SPL token is a type of digital asset on the Solana blockchain, governed by the Solana Program Library (SPL).
These tokens can represent ownership of fungible assets (like crypto currencies) or non-fungible assets (like NFT's).
The SPL Token Program follows a rigid guideline and logic for creating, managing, and interacting with these tokens, including minting new tokens, transferring them, and tracking ownership.
Great question. In cryptocurrency and blockchain security, seed phrases, passphrases, and passwords all play important but different roles.
1. Seed Phrase (Recovery Phrase)(Security Level - HIGH)
this is a series of 12, 18, or 24 words generated by your crypto wallet. It serves as the master key for your wallet. Its purpose allows you to restore your wallet to a new device if you lose access to your current device. For security, this phrase should be written down or otherwise safely stored offline in a secure place.
2. Passphrase (Extra Security Level) - (VERY HIGH)
A passphrase is an optional word or phrase that acts as a 13th/25th word, depending on your wallet. That way if someone steals your seed phrase, they still cannot access your wallet without the passphrase. Some people just keep this single word in their head, but beware; if you forget it or get hit by a truck, your funds are lost forever. It should always be kept accessible for your heirs.
3. Password (Wallet/App login Security) - (MODERATE)
A password protects a wallet on your phone or device, it does not recover your wallet like a seed phrase. Passwords can be reset at will, unlike a seed phrase or passphrase. Passwords should be strong and unique to prevent hacking.
The difference between a meme coin and a utility coin lies in their purpose and functionality.
1. Meme Coin
A meme coin is a cryptocurrency that originates from internet culture, jokes, or viral trends rather than having a specific utility or technological innovation. They often gain popularity through community hype, celebrity endorsements, and social media influence rather than fundamental use cases.
Examples:
Dogecoin (DOGE) - Originally created as a joke based on the Doge meme but gained traction through its community and Elon Musk's support.
Shiba Inu (SHIB) - Marketed as the "Dogecoin killer", it has a strong community and Defi applications but started as a meme.
Pepe Coin (Pepe) - A meme token based on the "Pepe the Frog" meme, with no intrinsic value beyond speculation.
Trump Coin (TRUMP) - A useless meme token launched a day or two before US President Trump took office in 2025, but its success was based on election hype. Shortly thereafter, its value decreased significantly.
2. Utility Coin
A utility coin is a cryptocurrency that serves a specific purpose within a blockchain ecosystem. It is designed to provide access to services, pay for transactions, or enable functionalities like governance, smart contracts, ownership, and rewards.
Examples:
Ethereum (ETH) - Used to pay gas fees for transactions and smart contracts on the Ethereum block chain.
Binance Coin (BNB) - Initially created for discount trading fees on the Binance Exchange, but now powers transactions in the Binance Smart Chain (BSC) ecosystem.
Chainlink (LINK) - Powers the Chainlink network, allowing smart contracts to access real-world data via decentralized oracles.
Solana Private Club (SPC) - Created in February of 2025, this is the world's first decentralized stock management smart token, effectively transforming a private company into a decentralized public company without the centralized regulations of a government-controlled stock exchange. This is cutting edge innovation, the first of its kind.
A cryptocurrency airdrop is a distribution of crypto tokens by its developer to multiple wallet addresses, usually as part of a marketing introduction or promotional campaign. These airdrops are designed to attract users and build a community, or to reward loyal users of a specific cryptocurrency. This method encourages adoption and also strengthens a community by preventing control of a coin by a few large shareholders.
A rug pull is a type of scam common to meme coins, where developers hype it up to attract investors, then suddenly withdraw all of the liquidity to crash the price and leave investors with worthless tokens. It is with this in mind that we chose to create a utility token which is designed to be widely held by hundreds or thousands of owners while operating a company (Crypto Recovery Corporation) whose services will be required more and more each day as crypto is adopted into mainstream around the world. This provides stability for our coin, and thus we know that Solana Private Club can never be rug-pulled.
Well, here is reality, you never give us any money. Not ever. (Unless you donate to our charity.) We earn an honest living by relentlessly searching for lost crypto using your instructions and return all of it to you less our commission and /or outside receipted costs.
You don't have to. The Solana Private Club crypto coin represents corporate shares in our company. We recognize that as crypto in general becomes adopted by millions and millions of people in the coming years, that a reliable source of recovery and crypto storage safety is and will be required, and we invite you to share with us as we grow. As our coin increases in value, so will our ability to study and counteract the flaws, errors, and crypto scam artists. Joining us is one way of staying completely up to date on the movement of the industry. We are learning daily, and we share new storage and transfer processes to you if you stay in touch. We are always open to fresh ideas and have jobs for honest crypto techs.
There is no fake crypto. If your wallet says it is there, it is there. To test it you can convert any amount of it in your wallet to your favorite fiat currency and then transfer it into your bank account. go to any crypto exchange, buy any amount of any crypto, then transfer it to your wallet and get it offline. Your crypto is always safest in an offline cold wallet.
A hot wallet is a device online to store your crypto while not trading on an exchange. These wallets are available for free all over the net. A cold wallet suggests a physical device sold under many brand names where you keep you crypto offline and safe with many types of passwords, passphrases, and combinations thereof. We help you with this.
Until public release, our share price and coin price are tied to Solana coin price the same way as stable coins are attached to the movement in value of the US dollar. Once our coin goes public, the price will also change every day, but independent of anyone else. The worldwide open market will decide value.
This space reserved for your question. Feel comfortable with your crypto by staying in touch. We are here for you! Join our company by buying a few SPC coins and feel good about helping others. And we are always open to your suggestions to make us a better company.