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Topic: What is a bitcoin wallet? (Read 258 times)

newbie
Activity: 2
Merit: 0
January 22, 2018, 10:35:03 PM
#27
A bitcoin wallet is a piece of software that you use to communicate with the bitcoin network and then you can tell a bitcoin network when you want to send or receive transactions. The functioning is similar to email address. It contains public key like an email address and a private key like an email’s password. You can do the transaction by logging into your account. It's highly recommended to keep your private key secure.
newbie
Activity: 72
Merit: 0
January 22, 2018, 10:11:42 PM
#26
as far as i remember there are lots of possible wallets that you can use to store your Altcoins that i found on the internet.
here are some of the example:

Online Wallet
Mobile Wallets
Desktop Wallets
Hardware Wallet
Paper Wallets
Multisig Wallets
Multicurrency Wallets

you can try doing some research on how those wallets works but as for now i am looking forward on using a Cold wallet since most of the persons i ask on the site advised me to use.

hope i was able to help you man.
newbie
Activity: 40
Merit: 0
January 22, 2018, 09:55:48 PM
#25
A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.
newbie
Activity: 23
Merit: 0
January 22, 2018, 03:09:44 PM
#24
um a newbie here.i want to know what is this bitcoin wallet and are there different types of bitcoin wallets?
A bitcoin wallet has both a online payment software and information component. The online payment software provides security and encryption for the personal information and for the actual trusted transaction.
jr. member
Activity: 133
Merit: 1
January 22, 2018, 03:10:03 AM
#23
i just want to know if our bitcoin are safe and secure with bitcoin wallet? sample they will shutdown their apps or program, or maybe from hackers?
newbie
Activity: 28
Merit: 0
January 18, 2018, 10:30:05 AM
#22
When starting out and reading about wallets I thought it was confusing but it's surprisingly easy. While you do hear about people getting their wallet compromised I don't think it's as common as it may look. Most of my friends that have been doing this for years have never been compromised. I would just jump the gun on a simple wallet and then as you learn the basics you'll move to a more secure one.
full member
Activity: 126
Merit: 100
January 18, 2018, 02:31:01 AM
#21
A Bitcoin wallet is a collection of private keys but may also refer to client software used to manage those keys and to make transactions on the Bitcoin network.

May I recommend to check bitcoinwiki.org for that. You can find all the answers there
newbie
Activity: 90
Merit: 0
January 17, 2018, 07:29:21 AM
#20
I know some bitcoin wallets! Blockechain is a very convenient network is used to store COINS purse, Cionbase (Web), Coinpunk (mobile application), bitcoins Wallet (mobile application), MultiBit (PC) which is designed for Widows, Mac and Linux control system and design of a light purse, a free download and security
newbie
Activity: 122
Merit: 0
January 17, 2018, 05:04:56 AM
#19
where we can store our bitcoins to be safe and we can melt them into phsysical currency through the exchanger
newbie
Activity: 53
Merit: 0
January 16, 2018, 07:25:19 AM
#18
On my own point of view a bitcoin wallet is a app where you can store your bitcoin using internet.
newbie
Activity: 44
Merit: 0
January 16, 2018, 06:24:19 AM
#17
Here is a good link on everything about wallets

https://www.bitpremier.com/best-bitcoin-wallets

Best of luck!
newbie
Activity: 24
Merit: 0
January 16, 2018, 06:07:40 AM
#16
Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere.there is a private key secret number for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.
newbie
Activity: 21
Merit: 0
January 16, 2018, 05:58:48 AM
#15
bitcoin wallet is place where you store your coins.
There are 2 types of wallets, ones give your private keys other not, if you dont have private key wallets controlled by 3rd party. dont use this type of wallets
newbie
Activity: 72
Merit: 0
January 16, 2018, 03:09:33 AM
#14
On my own point of view bitcoin wallet is a software or application where you can store your bitcoin like the coins.ph.Coins.Ph is a bitcoin wallet that is trusted and recommended by most people in my country.
newbie
Activity: 40
Merit: 0
January 16, 2018, 02:33:11 AM
#13
A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet.

You can read it with more details at  [bitcoinwiki](https://en.bitcoinwiki.org/wiki/Main_Page), it's a great page for newbies in crypto
newbie
Activity: 211
Merit: 0
January 16, 2018, 01:49:10 AM
#12
A Bitcoin wallet is a software developed to serve as a Banker for Bitcoin..money are kept in the bank same applies to Bitcoin which are kept in a wallet.
newbie
Activity: 24
Merit: 0
January 14, 2018, 05:18:12 AM
#11
A Bitcoin wallet is a collection of private keys but may also refer to client software used to manage those keys and to make transactions on the Bitcoin network.

A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance. Bitcoin wallets facilitate sending and receiving Bitcoins and gives ownership of the Bitcoin balance to the user.  The Bitcoin wallet comes in many forms; desktop, mobile, web and hardware are the four main types of wallets.
newbie
Activity: 16
Merit: 0
January 14, 2018, 03:40:06 AM
#10
There are three types of bitcoin wallets:
Bitcoin client wallet, bitcoin web wallet, bitcoin mobile phone and pad wallet.
newbie
Activity: 30
Merit: 0
January 14, 2018, 12:05:44 AM
#9
um a newbie here.i want to know what is this bitcoin wallet and are there different types of bitcoin wallets?
Bitcoin wallet is a software where you can store your btc.such as blockchain, electrum,jazz etc.
newbie
Activity: 173
Merit: 0
January 13, 2018, 11:03:27 PM
#8
Hekp, is coinsph a mobile btc wallwt, because i have one. and i used that address for my btc address
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