Does Wright Coin Wallet have a private key

1. The private key of bitcoin wallet is a string of codes, which is very long. It is not 12 words, let alone (34 strings at the beginning of 1).

2. In order to make it easier for new people to understand, sister coin will use some metaphors. Although she is not strict, she will understand better
the private key is like your bank card password
the address of bitcoin wallet is like your bank card
as long as you have the bank card and password, anyone can withdraw money from ATM
the address of bitcoin wallet is public, which means that everyone else has your bank card, so your bank card password (private key) becomes very important at this time
once your key is disclosed, others can transfer your bitcoin

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3. I'll give you my address (address). You can find my zip code (public key). You can write to me with my zip code (public key) + address. The mail will be sent to my mail cabinet. I'll open the mail cabinet (private key) with the key I have. The key of express cabinet is stored in my wallet (wallet)
1. The mail cabinet is stolen (the database is stolen)
2. The key is stolen (the private key is stolen)
3. Knowing my home address (the public key is stolen), the lock of the mail cabinet is opened violently (the private key is cracked violently).

4.

The private key of bitcoin wallet cannot be viewed online. Bitcoin exists on the platform. To download core or classic is the real wallet, and then you can view it

[description of private key of bitcoin wallet]:

1. Wallet encryption refers to automatically encrypting and storing the wallet with private key. The official bitcoin client supports wallet encryption since version 0.4.0. The encrypted wallet will prompt you to enter your password every time you pay. If the password is wrong, the client will refuse to pay

2. If you replace it with the earliest backup wallet (wallet. DAT), you can still trade normally. Considering the principle of bitcoin, it can be concluded that as long as there is a private key (wallet), you can prove that you are the legitimate owner of the wallet. No matter whether you encrypt or delete the wallet (the core is the private key corresponding to an address), you can't deny it

3. When backing up the bitcoin wallet, you should also pay attention to the existence of bitcoin payment change mechanism (for example, if you send 50 BTC in a complete 100 BTC to an address, the system will send 50 BTC to the other party's address, and return 50 BTC to a new address of your client, which will not be directly displayed in your address list)

4. After sending bitcoin to other addresses 100 times or using 100 different addresses to receive bitcoin, please back up your wallet again, otherwise the returned and received bitcoin will be lost forever. In addition to encrypting wallets, users can also generate offline paper wallets and brain wallets

5. Keeping a backup of your wallet in a safe place can protect your wallet from computer failures and many human errors. If you encrypt your wallet, it can also be used to restore your wallet when your mobile phone or computer is stolen
back up your entire wallet
some bitcoin wallets use many hidden private keys inside. If you only back up the private key of the visible bitcoin address, most of the money may not be recovered from the backup
encrypt online backup
any online backup is easy to be stolen. Even a computer connected to the Internet is vulnerable to malware. Therefore, it is a good security habit to encrypt any backup exposed to the network
using multiple secure repositories
single point of failure is not concive to security. If your backup is not limited to only one place, it is less likely that something bad will happen and your wallet will not be restored. You can also consider using different storage media, such as USB flash disk, paper and CD-ROM.

6. There are lots of wallets, too

7. There are some differences between lightcoin wallets and bitcoin wallets
generally speaking, lightcoin wallet is aimed at lightcoin, mainly lightcoin; Bitcoin wallets are dominated by bitcoin
the corresponding currency ranges are staggered and different; But in terms of market scope, bitcoin accounts for the largest proportion, followed by lightcoin
therefore, in general, the scope of application of bitcoin wallet is usually larger than that of lightcoin wallet; Sometimes, bitcoin wallet is also called lightcoin wallet.

8. Theoretically, one backup is enough

keeping a backup of your wallet in a safe place can protect your wallet from computer failure and many human errors. If you encrypt your wallet, it can also be used to restore your wallet when your mobile phone or computer is stolen
back up your entire wallet
some bitcoin wallets use many hidden private keys inside. If you only back up the private key of the visible bitcoin address, most of the money may not be recovered from the backup
encrypt online backup
any online backup is easy to be stolen. Even a computer connected to the Internet is vulnerable to malware. Therefore, it is a good security habit to encrypt any backup exposed to the network
using multiple secure repositories
single point of failure is not concive to security. If your backup is not limited to only one place, it is less likely that something bad will happen and your wallet will not be restored. You can also consider using different storage media, such as USB flash disk, paper and CD-ROM
regular backup
the wallet needs to be backed up regularly to ensure that all the latest bitcoin change addresses and newly created bitcoin addresses are included in the backup. However, soon all applications will use wallets that only need to be backed up once.

9. Each person's wallet has more than one bitcoin address, and each bitcoin address represents a certain number of bitcoins. The bitcoin address is generated through a public key hash (rpiemd + Sha), and the public key is generated by the private key through elliptic curve (ECC). The private key is kept in the bitcoin wallet and should not be disclosed. The public key, together with the bitcoin address, needs to be publicly released through transaction records ring payment transactions, and the effectiveness of payment transactions is verified by the blockchain system.

10. After synchronization and decentralization, every transaction will be recorded in detail on the transaction chain from the date of currency birth, and the chain can only be recognized by all clients in the world