Thank you for your answer 
Unfortunately wallets don’t store any crypto, only the keys to access them on the blockchain. I recommend reviewing the lesson once to grasp the question better.
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Since Crypto holders really don’t ever hold any coins, a wallet is a misnomer. Wallets are a combination of public and private keys that can send and receive crypto. As the public key is already known, we could say a wallet is our preferred way of storing the private key. We have hot wallets, which are those who are constantly exposed to the internet, and the opposite, cold wallets, like paper, which are less convenient but way safer as they are not exposed to hacks or phishing attacks.
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A wallet stores the private keys, and this in turn generates a public key. A wallet allows an individual to create and sign a transaction and broadcast it to the network. A wallet does not actually hold any coins, only the private keys, which allow an individual to access the blockchain. When a transaction is sent, every node changes the entries in the ledger. When the wallet receives a transaction, it will notify you.
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Homework on Role of Wallets - Questions
- Describe in short what a bitcoin wallet does.
It holds your private key, creates and signs transactions, broadcasts your transactions to the nodes and notifies you when you have received funds.
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- A bitcoin wallet stores a private key to your bitcoin and is your signature to your identity and account when making transactions that are broadcasted to nodes to be verified in the blockchain network.
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Wallets store your private keys, create, sign and send transactions.
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Bitcoin wallet keeps a private keys, which are used to sign transactions and provide a proof that they come from the wallet owner.
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- Describe in short what a bitcoin wallet does.
A Bitcoin Wallet stores an individuals private keys. When ever a transaction is made, the wallet will sign the transaction based on the private key connected to that individual. The wallet will broadcast the signed transaction information and each node will update its ledger with the updated information.
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A bitcoin wallet stores private keys that the user needs to verify transactions on the blockchain. The wallet also scans the blockchain to accept funds for the user.
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A Bitcoin wallet stores your private keys and will create and sign transactions.
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A Bitcoin wallet stores your private keys. When you want to send btc it will create and sign transactions and broadcast to the network. When you receive it will read blockchain. Lots of different types of wallets from paper wallets to desktop wallets to mobile wallets to hardware wallets. Hosted wallets are not private bc they are stored on exchange
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Bitcoin wallets can creates and store your Private key to sign and send transactions to others. the spv (mostly on phones) wallet also connected to the nodes to show balance and see the blockchain network. the nodes wallet have a full blockchain network copy and they dont need anyone to see balance and more…
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- Describe in short what a bitcoin wallet does.
A bitcoin wallet can initiate sending and receiving cryptocurrency transactions, and digitally sign them using the private keys stored inside the wallet. Wallets will then send these transactions to several nodes amongst the bitcoin network to be validated and sent to the miners to be added on the blockchain.
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A bitcoin wallet stores your private keys and uses them to sign transactions.
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Wallets hold your private keys which enable you to verify identify when sending transactions. There are several types of wallets
Hardware Wallets
online wallets
Hosted Wallets
Offline or “paper” wallets.
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It stores your private key in bitcoin ecosystem. It does not store any actually bitcoin. All it does it send transaction using your private key, signs it at the same tame and then broadcasts it to the network, then nodes picks it up and check if that request to send or receive bitcoin makes sense by checking the info of your account in the blockchain if it is all good, your account on the chain will be changed depending on your request, but it does not not store the info about the funds you have.
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A bitcoin wallet holds or store your private key, used for signing transaction and broadcasts that transaction
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1.) Btc wallet is a storage device where your Btc assets are stored along with your private key.
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The Bitcoin wallet holds your private keys and it’s used to create and sign transactions as proof of origin. It can also store ledger copy or query from full node.
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- Describe in short what a bitcoin wallet does.
It stores your private keys;
It Creates and signs transactions;
It broadcasts and reads blockchain
It does not stores coins
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