LOL I've been wondering for a long that the app I have on my phone is my wallet and all that.
This is how the wallet works you just tell how it works from what is wallet to how to use it. The wallet is just like something that you usually use in your pockets for saving and collecting money the same as the digital wallet works. This wallet is not hardware and you can't touch it but you can store your all digital current in this digital wallet the most important thing in the wallet is your seeds when you have your own seeds no one steals them The only defect is if you lose your seeds that whole asset in that account was prohibited and can assess your wallet just take the example of satoshi Nakamoto millions of bitcoin were placed in his wallet but no one can even know about it and now all that bitcoin is useless