A Bitcoin wallet stores private keys, creates and signs transactions, and broadcasts the transactions to the nodes of the network in an unconfirmed state.
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A bitcoin wallet stores your private key. The private key is used to sign transactions that will be sent on the network.
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A wallet stores your private keys. It can create and signs transactions, it can read the blockchain and it can transmit transactions.
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- A bitcoin wallet serves the purpose of securing a private key used to sign transactions.
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The role of a Wallet is to
Stores your private key
Create transactions Broadcast
Read transactions
It does not store coins
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Describe in short what a bitcoin wallet does.
Its a private and public key that signs transactions that are sent to the blockchain in order to verify with nodes that your request is actually true.
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Wallet – stores our private key, creates, signs and sends transactions, broadcasts it to nodes, read the blockchain and notifies coin balances on ledger.
• Hard wallet stores my private key, signs transaction, and sends to Node Network.
• Hosted Wallet, such as, Binance. My wallet just runs on Binance.
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A bitcoin wallet is storing your private key. It sign sends signed transactions onto the blockchain or check you available funds,
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- Describe in short what a bitcoin wallet does.
A wallet is a programme that stores your private key. It creates, sends and signs transaction you make and broadcasts it to the blockchain where it can be verified and added to the ledger.
Essentially a wallet is your means of adding to the blockchain and in doing so recording your personal possession and usage of any currency on it.
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a bitcoin wallet secure your private key and sign off on transaction. There are different type of wallet such as hardware, hosted, node ,spv’s
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Describe in short what a bitcoin wallet does.
A bitcoin wallet facilitates the sending and receiving of bitcoin. Each wallet contains a private key that is used to sign transactions.
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Question #1: Describe in short what a bitcoin wallet does.
A bitcoin wallet stores your private keys, creates the public key, signs transactions, broadcasts transactions and reads transactions. Your hardware wallet interacts with the blockchain for information, no actual coins are stored in the wallet, technically no actual coins exist. The ledger is all that is needed for verification of who has what coins.
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a bitcoin wallet is simply software that stores your private keys, enables you to connect to the blockchain and get your balance as a result of receives and spends; the wallet puts a digital signature on all spends. it does not store coins per se.
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A Bitcoin wallet holds your private and public keys, creates, signs, broadcasts, and reads transactions.
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- A bitcoin wallet generates a unite set of private and public keys for its user, giving access to their coins and freedom to send and/or receive coins.
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Describe in short what a bitcoin wallet does. A wallet stores your private key. You can ceteand sign transactions and broadcast to the network on the internet.
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a wallet signs your transactions/keeps your private keys.
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It stores your private key.
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- A bitcoin wallet stores your private keys and signs transactions that are submitted to the blockchain online.
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A bitcoin wallet signs and broadcasts a transaction to the blockchain.
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