logo logo

WWCrypto provides analysis of the crypto market. In addition to tracking updates in the industry. WWCrypto provides the community with real time information and major events.

WWCrypto

Digital Membership

Get unlimited insight reports trusted by experts around the globe. Become a Member Today!

View pricing plans

London, UK (HQ)

[email protected]
ADVERTISEMENT

Question

How crypto wallets work?


Answers (1)

avatar
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.

Top Answer

Answer

You must be logged in to post a answer. Login