What Is a Bitcoin Wallet?
- DAO All Things Web3
A bitcoin wallet represents a software program which stores bitcoin (BTC) [coin_price] private keys. Often, wallets come in hardware and software for, the former being known as a hardware wallet. In general, they grant you access to your public Bitcoin address, often with Bitcoin Core and an internet connection, thus facilitating the buying and selling of cryptocurrency. Obtaining a blockchain wallet is necessary in order to hold any type of crypto assets or digital currency. While there are certain solutions which would only allow you to hold one type of digital currencies, the wide majority of Bitcoin wallets, many harnessing the open-source programming of Bitcoin Core, also allow the user to hold multiple cryptocurrencies at the same time, including Ether (ETH), Bitcoin Cash (BCH), Monero (XMR), Ripple (XRP), Stellar (XLM), and others.
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