How does bitcoin wallet work

in bitcoin •  7 years ago 

just like i said earlier,bitcoin wallet is a software that enables an individual to store their bitcoin using their private key.An individual can also withdraw their bitcoin from their private key to the public key which will be displayed on bitcoin blockchain where the public will be able to see the amount of bitcoin received by the public key.When you are on your bitcoin wallet account and you want to receive bitcoin ,you must generate your private key using the bitcoin wallet generator.With the private key generated,you will be able to use it to reveive bitcoin.When you are receiving bitcoin,the private key generated will be acting as a public key since it will be the one to be displayed on the bitcoin block.

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Thanks for the info, very informative!

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