1. Describe in short what a bitcoin wallet does.
Bitcoin wallet can be described as a storage for private keys in which the public key is derived from, signing of transactions to be broadcasted to the blockchain and reading of the blockchain to confirm the balance remaining in the wallet
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- Describe in short what a bitcoin wallet does.
A wallet stores your private keys., creates transactions and boroadcasts them and when recieving a transaction it will read the blockchain and notify you. It does not hold any coins.
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- Describe in short what a bitcoin wallet does.
A) Stores your private keys to sign transactions and broadcast the signed transaction to the rest of the network. It also receives transactions in which it will notify the owner of the wallet that they have funds they can spend. It does this by reading the blockchain.
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- Describe in short what a bitcoin wallet does.
A wallet stores your private keys, which are used to create and sign new transactions. Wallets can be in many forms, for example, Hardware wallets or paper wallets.
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Describe in short what a bitcoin wallet does.
A wallet stores your private keys. It creates, sign and broadcast transactions. It also reads the blockchain and notify you when a transaction comes in
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- Bitcoin wallets hold the userās private key, read the blockchain and sign and broadcast transactions.
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- A bitcoin wallet contains your private key and can sign and broadcast transactions. It can store or query the blockchain.
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A cryptocurrency wallet holds onto your Private Key which is used to E-sign transactions.
Furthermoreā¦Get a Hardware wallet and nothing elseā¦ cāmon guysā¦
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A bitcoin wallet can provide store cryptocurrency which is a software program that comes with computer, mobile, and hardware.
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A bitcoin wallet stores your private keys which is used to sign a transaction.
When sending a bitcoin it will create a transaction and then broadcast it to the peers.
Upon receiving funds, the wallet will read the blockchain to notify you that the transaction is complete.
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- Describe in short what a bitcoin wallet does.
It stores private keys, create and sign transactions, broadcast transactions, read blockchains and notify us about funds
It does not store any coins
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A bitcoin wallet holds your private keys and signs transactions
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- A wallet holds your private keys. It uses these keys to sign your transactions & broadcast them to the nodes. Also, it regularly queries the blockchain to see if you received new funds.
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bitcoin wallet - stores your private and public keys - can send transactions to the bitcoin blockchain, signed by your private key. Can read from the blockchain the status of your account.
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it stores your private key in order to sign a transaction
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- A bitcoin wallet stores your private key. Receive and sends transactions with the private key.
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Describe in short what a bitcoin wallet does.
A wallet holds a users private keys - the wallet also will create and sign transactions and broadcast those transaction to the internet should it be one attached to one.
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stores public and private, creates and broadcasts and recieves transactions
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Bitcoin wallet stores privet key, which is used to sign and create transactions
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Describe in short what a bitcoin wallet does.
A bitcoin wallet stores your private/public key pairs. It is responsible for signing transactions and usually works in tandem with an application like Ledger Live to broadcast your signed transactions to the rest of the network. A hardware wallet attaches to your computer via USB and can be used to generate a deterministic hiearachy of private/public key pairs from a seed of typically 12 or 24 words.
It also discovers UTXO belonging to your account(s) that can be used as input for a transaction.
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