Why Is Cryptocurrency Wallet So Famous? - PowerPoint PPT Presentation

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Why Is Cryptocurrency Wallet So Famous?

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best cryptocurrency wallet keeps the public & private key which could be utilized to acquire or invest the cryptocurrency. The public key is utilized to send/receive money and the private key is what actually offers you accessibility to your account. Some wallets assistance numerous cryptocurrencies. There are 3 kind of cryptocurrency wallet like Hardware wallet, Software wallet and Paper wallet. – PowerPoint PPT presentation

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Title: Why Is Cryptocurrency Wallet So Famous?


1
Cryptocurrency Wallet
2
What is a Cryptocurrency Wallet?
  • 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. 

3
How Does a Cryptocurrency Wallet Work?
  • 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.

4
Type of Cryptocurrency Wallet
  • Cryptocurrency Hardware Wallet
  • Cryptocurrency Software Wallet
  • Cryptocurrency Paper Wallet

5
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