What is a bitcoin RPC wallet?
Could you elaborate on what a Bitcoin RPC wallet entails? As a cryptocurrency enthusiast, I've heard of Bitcoin wallets, but the RPC aspect intrigues me. Is it a specific type of wallet that interfaces with the Bitcoin network through Remote Procedure Calls? How does it differ from traditional Bitcoin wallets? Are there any particular benefits or risks associated with using a Bitcoin RPC wallet? Your insight would be invaluable as I strive to broaden my understanding of this fascinating digital currency.
What is a crypto RPC protocol?
Could you elaborate on the crypto RPC protocol? I'm curious to understand its core functionalities and how it's used in the cryptocurrency landscape. Is it a standardized communication method? How does it enable different software components, such as wallets and exchanges, to interact with blockchains securely? What are some of the benefits and limitations of utilizing a crypto RPC protocol? Additionally, how does it differ from other types of protocols commonly found in the finance and cryptocurrency industries?