What is a bitcoin wallet?

A Bitcoin wallet is a place that stores your digital Bitcoin and validates your transactions when you’re using your Bitcoin. A wallet keeps secret information, called a private key or a seed, used to validate transactions and “sign” them so your Bitcoin can be used to make purchases or exchange for another asset.

Is Satoshi Nakamoto's bitcoin wallet back online?

Someone's been playing the long game. The Independent reported that a Bitcoin wallet last used in May 2010—when the cryptocurrency's pseudonymous creator, Satoshi Nakamoto, was still active in the community—hhas come back online. That wallet is said to contain 50 BTC.

How to protect your bitcoin?

Securing your computer, using a strong passphrase, moving most of your funds to cold store or enabling 2FA or multifactor authentication can help you protect your bitcoin. Some wallets make it harder to spy on your transactions by rotating addresses. They do not disclose information to peers on the network.

Is electrum a good bitcoin wallet?

Electrum is one of the original Bitcoin wallets. It has been around since 2011, two years after Bitcoin’s creation, and has changed little since. 5 While this wallet is bare bones in terms of its user interface and commitment to only Bitcoin, it excels at this primary function.