MEME: Be Great

in #meme7 years ago


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A cryptocurrency wallet stores the public and private keys which can be used to receive or spend the cryptocurrency. A wallet can contain multiple public and private key pairs. As of January 2018, there are over thirteen hundred cryptocurrencies; the first and best known is bitcoin. The cryptocurrency itself is not in the wallet. In case of bitcoin and cryptocurrencies derived from it, the cryptocurrency is decentrally stored and maintained in a publicly available ledger. Every piece of cryptocurrency has a private key. With the private key, it is possible to write in the public ledger, effectively spending the associated cryptocurrency.


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Great, you have effectively explained the use of keys and this inturn spreading an awareness that we have to use an proper wallets with good repo and which have nice visibility in the market and you shared this awareness post with funny meme. Thanks for sharing and wishing you an great day. Stay blessed. 🙂

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