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What is a bitcoin wallet & how does it work?

A Bitcoin wallet is a software program that acts as an “account” for your funds and by storing the data required to access it. You can use your BTC wallet to access your Bitcoin or send and receive more funds. Your wallet comes with a public key, similar to an account number, and a private key that acts as a password.

What are some of the most popular bitcoin wallets?

I am wondering what some of the first most popular wallets were, from the start of bitcoin in 2009 to about 2013! Thanks! Well, as far as I know, the most famous BTC wallet was and will always be Bitcoin Core Wallet There are other wallets as well whose info you can get from the official site by clicking here

What if there is no bitcoin in my wallet?

There are other wallets as well whose info you can get from the official site by clicking here Multibit, Electrum, blockchain.info appeared in 2011, Armory in 2012. Knots is much younger. If there no bitcoin in your wallet, you need not recovery your wallet. Just create another bitcoin account ( private key/ public key).

What is a bitcoin wallet private key?

When you make a Bitcoin wallet, you receive an address, a string of numbers and characters, that identifies the wallet. This is called a public key. You also receive a private key, like a password. This Bitcoin wallet private key is required to transfer funds from your wallet to another wallet.

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