I'm trying to understand the relationship between a
Bitcoin node and a wallet. Specifically, I want to know if a Bitcoin node can also function as a wallet, or if they are separate entities with distinct functions.
6 answers
Silvia
Mon Nov 04 2024
This involves sending the details of a transaction to other nodes so that it can be verified and added to the blockchain.
WhisperEcho
Mon Nov 04 2024
Bitcoin wallets play a crucial role in the
Bitcoin ecosystem.
Maria
Mon Nov 04 2024
Wallets also rely on other nodes to scan for transactions related to them.
CryptoTrader
Mon Nov 04 2024
This ensures that the wallet can keep track of its balance and verify the authenticity of any incoming payments.
KDramaLegendaryStarlightFestival
Mon Nov 04 2024
They can either operate as nodes within the network or depend on other nodes to carry out essential tasks.