How Bitcoin wallet works?
Bitcoin is the top cryptocurrency which came into existence in 2009. Through it, transactions are made with no mediator or banks. Bitcoins are useful to buy merchandise anonymously in an exchange organized market. It makes international payments easier and cheaper because Bitcoins are not confined to a particular country or subject to regulation. Since Bitcoin is a digital currency, they can’t be stored in any physical shape or form. Private keys enable an easy access to your public Bitcoin address and transaction signatures. A Bitcoin wallet is also called as a digital wallet. It is important to maintain a crypto wallet in order to trade in Bitcoins. The Bitcoin wallet works in a similar manner as a physical wallet with a difference that instead of storing physical currency, the wallet stores useful information like a secure private key. Bitcoin wallets are beneficial to send and receive cryptocurrency as per the Bitcoin protocol. The wallets resemble software programs to interact