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An e-wallet is a remote service, usually a web site, which runs an instance of the Bitcoin (or similar) software and manages one or more addresses on behalf of its clients. Such services allow access from mobile devices, public computers or other platforms without the need to install software.

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What are the drawbacks of using a web based wallet and how to overcome that?

Can anyone tell me why many prefer to use application when compared to web based wallets. What are the drawbacks of using a web based wallet and how to overcome that?
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