fintechter.io

Intro: Wallet Mechanics

We now know that wallets help manage your identity: your public and private keys.

In the case of brain wallets and paper wallets, there’s not much else to say, since the idea behind them is simple: just write or print out a copy of your private key, or have some mnemonic or way to derive your private key.

But when it comes to wallet software, it’s a bit more complex.

In this section, we’ll be going into some wallet mechanics and how they enable the functionality in your favorite Bitcoin wallet app.

Simple Payment Verification

Exit mobile version