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How crypto wallets work?

Answers (1)

Arsalan Afzal
Feb 08, 2022 17:40:04

Crypto wallets work by storing your public and private keys, which are used to authorize transactions. The public key is what you share with others to receive payments, while the private key is used to sign transactions and is kept secret. Wallets also store the blockchain, which is a record of all the transactions that have ever taken place in the network. This helps ensure that payments are processed correctly and prevents people from spending the same coins twice.

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