What is a Bitcoin Wallet ?

in #bitcoin • 7 years ago

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A Bitcoin wallet actually contains your public and private key(s) which allow you to spend the bitcoins allocated to it in the blockchain.
THE LA & CO - WHAT IS WALLET.jpg
This is the digital equivalent of a physical wallet on the Bitcoin network. Similar to our wallets physically today each Bitcoin wallet can show you the total balance of all bitcoins it controls and lets you pay a specific amount to a specific person. This is different to credit cards where you are charged by the merchant.

#cryptocurrency #money #investment #wealth
7 years ago in #bitcoin by
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