a bitcoin wallet saves your private key and check and validate your transactions and give you access to your balance
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A Bitcoin wallet is a computer software, USB drive, or paper that contains the private key of a Bitcoin holding that is needed to sign or create transactions.
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Stores private key. Creates and signs transactions.
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A wallet stores your private keys. It can also create and sign a transaction.
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A bitcoin wallet doesn’t hold any coin. It holds the private keys with which it signs transactions and then broadcasts them to the blockchain via a node / spv.
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A bitcoin wallet stored private keys, creates and signs transactions, broadcasts those transactions, and reads the blockchain.
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It stores you private keys, and tells nodes if you make a transaction.
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- Describe in short what a bitcoin wallet does.
A bitcoin wallet hold your private keys and allows one to sign transactions without exposing the private keys to the internet.
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A bitcoin wallet stores individual private keys, it creates and signs transactions, it broadcast and reads on the blockchain
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A bitcoin wallet is a application which stores your private keys and allows you to sign a bitcoin transaction.
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In short, a bitcoin wallet stores your private and public keys. It initiates transactions by Adding your unique signature to the transaction, using your private key. It also receives money via your public key, after reading the blockchain.
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A wallet stores your private keys. It will receive or send transactions. Wallets can create and sign transactions. They also broadcast transactions to the internet.
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- A bitcoin wallet holds your private key. It approves transactions by providing a digital signature rather than sharing the private key.
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A bitcoin wallet stores your private key and will create and sign transactions as a way to verify that it is indeed you who is making the transaction.
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A Bitcoin wallet stores your private key. This key is used to verify that your transaction is authentic.
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Homework on Role of Wallets - Questions
- Describe in short what a bitcoin wallet does.
A wallet stores the private keys that are connected to your password and identification. It encrypts your transaction, signs it, acts as the decoder. It also broadcasts transactions to the network
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a wallet stores your private keys and signs transactions
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- With a Bitcoin wallet you will have a Private and Public key, what you can do with the wallet is send and receive bitcoin.
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A bitcoin wallet stores your private and public keys. It can send or receive bitcoin by signing the transactions with the private key.
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bitcoin wallet consist of your private keys. there’s no coin in bitcoin wallet, just database. it is used to sign transactions. query has impact of privacy loss vs running a full node
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