Monday, September 30, 2019

[uncensored-r/Bitcoin] How to Create an Ethereum Wallet: A Comprehensive Guide

The following post by BitcoinAn is being replicated because the post has been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ Bitcoin/comments/db9qwo

The original post's content was as follows:


The blockchain structure for Ethereum is different from Bitcoin. A Bitcoin wallet does not support storage of Ethereum. Thus, if you want to trade, send, receive or store ETH, you need an Ethereum wallet.

An Ethereum wallet is like a conventional physical wallet – it helps store and transact ETH. However, since cryptocurrency is intangible and not available in any physical form, Ethereum wallet stores the records of transactions that exist on the blockchain. The wallet interacts with the blockchain to enable transactions.

Before you embark on the journey to create Ethereum wallet, you need to wrap your heads around a couple of following concepts.



No comments:

Post a Comment