Day 7: Cryptocurrency explained from basic to advanced level #learn2earn
Have you ever imagined how your wallet works :
The wallet doesn't have any coins instead it holds the key to their coins which are stored in block chains.
The wallet stores two types of keys of the user public key and a private key. A public key is like a bank account number can be shared but a private key like a password which is kept a secret.
When sending tokens, a user’s private key signs the transaction and broadcasts it to the blockchain network. The network then includes the transaction to reflect the updated balance in both the sender’s and recipient’s address.
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