Get to know Address, Private Key, Wallet
Get to know Address, Private Key, Wallet
Digital technology that has developed so much that it has become Blockchain, a data storage system. That helps us not have to have a middleman to contact for money transfers or exchanges across countries. Let us contact and transfer money directly to our partners. The partner will also receive transaction updates.
This technology has a security system against hacking attacks because the system notifies everyone involved every time a transaction is made. It can be said that there is transparency in spending, whatever it is.
popular digital currency
- Bitcoin
- Ethereum
- Ripple
-LiteCoin
- Dash
Get to know Address, Private Key, Wallet
In a simple comparison, when we have money (Bitcoin), we have to keep it in our account (Address) when we want to spend money. We must have a code for identity verification (Private Key) and for the convenience of not having to go to the bank. Take your account book anywhere to make a money transfer can download the bank application, enter the account number and the security code Next time, it will be easier to transfer money through the application, more convenient. The application is a Wallet that is intended for storing Address, Private Key information.
Types of Wallets
- Hardware is an additional USB device used to connect data to a computer to access the website for transactions. to store important information It's like a stamp book when we go shopping in a store.
- Cold is Bitcoin that we exchange to coins or paper with QR CODE for scanning. Suitable for people who are not confident in the security of the system.
- Hot is our online wallet. or easier to understand than that Our mobile banking application That can be easily accessed, convenient, fast, can transfer money right away
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