What is a bitcoin wallet?

What is a bitcoin wallet?

The concept is similar to what if one person wrote you out a check for $100, you attempted to cash it but later find out that it bounced, it’s not a good feeling. The purpose of the Bitcoin network is to verify transactions, as everyone (computer/node) has the same ledger copy.

This is a blockchain.

You would accomplish this by having a Bitcoin wallet that holds your Bitcoin, just like how one would have dollar bills, loose change or credit cards. Yes, each wallet is very specific, as each crypto has its own wallet. Bitcoin should only go to Bitcoin wallets, and so forth as if you were to send another crypto to your Bitcoin wallet, well then good luck.

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