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# Wallets
## Wallets provide a convenient way to generate and store key pairs and perform various basic activities such as:
*creating transactions,*
*signing messages,*
*interacting with applications,*
*communicating with the blockchain.*
## What are Wallets?
Wallets are addresses generated from an initial secret. Wallets such as Keplr generate an initial secret from 12 or 24 words known as a mnemonic (taken from a standardised dictionary). This mnemonic acts as a Master Private Key.
From this initial mnemonic, multiple key pairs can be derived with the Public key from each key pair used to derive an address.\
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