how does work a cryptocurrency wallet work?

in #bitcoin6 years ago

Cryptocurrency itself is not actually “stored” in a wallet. Instead, a private key (secure digital code known only to you and your wallet) is stored that shows ownership of a public key (a public digital code connected to a certain amount of currency). So your wallet stores your private and public keys, allows you to send and receive coins, and also acts as a personal ledger of transactions.images.png

Sort:  

Hello solymanhossain, I am a simple vote scheduling service for randowhale so that you can always catch it awake and get an upvote from them. For a full description of how to use me, check out my guide post.

You got a 6.44% upvote from @payforplay courtesy of @solymanhossain! Thanks for using our service. If you would like to share in our profits, consider delegating steem power to @payforplay. We are currently sharing 85% of our rewards with our delegators. Steem power can be delegated here: https://steembottracker.com/delegation.html