Homework on Role of Wallets - Questions

Wallets keep private keys, creates and signs transactions.

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The Bitcoin wallet allows allows you to keep your private keys and you are able to do transactions with your Bitcoin account and that way you will have security. Also you can use the wallet for most all cryptocurrencies.

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A bitcoin wallets stores your private keys, creates and signs transactions. It also broadcasts the transaction to the blockchain network and it can tell if you have sufficient funds.

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Generates a private key which signs transactions then broadcasting it to the entire network

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store private keys to sign transactions and broadcast tx

read blockchain and notify I received money

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a bitcoin wallet creates and stores your private key , sign a transaction and can read out your balance on the blockchain once a transaction is made and confirmed from a miner.

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A bitcoin wallet (software) contains all your private keys and public keys of the bitcoins that it owns.It is also responsible for creating a transaction and signing on it and passing it to all the Nodes containing the block chains. The Wallet can be in a node or SVP which relies on another node it trusts to get block chain information. When the wallet receives bitcoin, it can interrogate its node block chain and other nodes if the wallet is in a full node; Or if SVP it would do the same but relying on the nearby nodes it trusts.
Wallet can be online as described above or offline ( not connected in network). Offline wallet can be a hardware wallet like Nano or paper wallet. The hardware wallet interacts with the app in a computer in a very restricted manner by signing a transaction with the private key like SVP but hands over the signed transaction to the computer it is connected.

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Bitcoin wallet holds your private key. Whenever a new transaction is created, the wallet will sign the transaction with the private key, broadcast it to the blockchain. The wallet holds only data, not coins.

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Bitcoin wallet stores private key, create and sign transactions.

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A wallet stores your private key, and uses this to sign an outbound transactions and broadcasts it to the network.

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A bitcoin wallets store your private keys and also sign your transactions.

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  1. A Wallet contains a Private Key. From the Private Key it can generate a Digital Signature and transactions. It can broadcast and receive transactions. A variation is a Hosted Wallet, which doesn´t have a Private Key, but all its wallets is collected in a bigger Wallet.
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Wallet stores private key, receives/sends transactions, signs transactions and broadcasts them to the network.

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  1. A crypto wallet stores your private keys and generates signed transactions.
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  1. A Bitcoin wallet stores private and public keys for the owner of however many funds they have. A Bitcoin wallet also initiates a transaction (when the wallet owner wants to send funds to someone else) by signing the transaction with the owner’s private key, and then sends it to the network for the network to verify and propagate.
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it holds the private keys that are used for signing and initiating transactions,

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A bitcoin wallet stores the private key. With this private key transactions can be signed.

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It’s a storage for your private key

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  1. A bitcoin wallet stores your private keys and allow you to sign transactions.
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A Bitcoin wallet allows its user to store their private keys and allows the user to have easy access for their digital signature for confirming purchases.

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