Viewing a response to: @swissclive/bitcoin-the-number-of-mid-size-bitcoin-wallets-is-increasing-at-a-far-faster-pace-than-before-it-s-accelerating
So what is the difference between an address and a wallet? There are almost 10x the address as there are wallets. Thanks.
| post_id | 16,002,206 |
|---|---|
| author | mawit07 |
| permlink | re-swissclive-bitcoin-the-number-of-mid-size-bitcoin-wallets-is-increasing-at-a-far-faster-pace-than-before-it-s-accelerating-20171024t155500003z |
| category | bitcoin |
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| root_title | "Bitcoin: The number of mid-size bitcoin wallets is increasing at a far faster pace than before. It's accelerating." |
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Good question! My post should not use the word wallets. It should have used the word “addresses” The following is from https://bitcoin.stackexchange.com/questions/13059/whats-the-difference-between-a-wallet-and-an-address A wallet and an address are not the same thing. An address is a Bitcoin public key to which transactions can be sent. This concept is present in the Bitcoin protocol itself. A wallet is a collection of private keys that correspond to addresses. A private key is necessary to spend from an address. The concept of a wallet is present only in Bitcoin clients. The format of the wallet is stereotypically a text file on disk, but may differ between clients and have highly important features such as encryption and address labeling.
| post_id | 16,015,402 |
|---|---|
| author | swissclive |
| permlink | re-mawit07-re-swissclive-bitcoin-the-number-of-mid-size-bitcoin-wallets-is-increasing-at-a-far-faster-pace-than-before-it-s-accelerating-20171024t202049990z |
| category | bitcoin |
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| created | 2017-10-24 20:20:54 |
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| root_title | "Bitcoin: The number of mid-size bitcoin wallets is increasing at a far faster pace than before. It's accelerating." |
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| max_accepted_payout | 1,000,000.000 SBD |
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