[ FreeCourseWeb.com ] Understanding Your Bitcoin Wallet
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Published 5/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 216.64 MB | Duration: 0h 33m
Be Your Own Bank: A Comprehensive Guide to Your First Bitcoin Wallet
What you'll learn
The concept of public and private keys, their functions, and why they are fundamental to cryptocurrency transactions.
The importance of seed phrases, how to securely store them, and their role in cryptocurrency security.
Setting up a software Bitcoin wallet step by step.
Testing the Wallet with a Small Transaction
Safely test a new wallet with a small transaction and explore wallet features.
How to restore a Bitcoin wallet from a seed phrase.
Requirements
No prior experience is required for this course; you will learn all the essentials needed to get started.
Preferred Devices: For the best experience, we recommend using a desktop device with Windows, Linux, or macOS. These platforms provide the most comprehensive features and options within the Electrum Bitcoin wallet.
Mobile Participation: You can also participate using an Android device. The mobile version of Electrum offers many of the same core functionalities as the desktop version, though you should expect some differences in the interface and certain features.
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