I am in the world of bitcoin since 2012 when I opened my first bitcoin wallet on blockchain.info… and a lot of things changed since that moment: new services, growing communities, new alternative crypto currencies, ATMs, Credit-Debit cards, and a larger diffusion of people accepting bitcoin in their shops.
After those two years I can see a better view of what Bitcoin means to me and the innovation behind that technology, including Xapo debit card… and some of my friends are tired of me talking about bitcoins 🙂
How I choose a wallet
Using simple words: the wallet is a collection of addresses and their private keys. The address, that is used to receive the money, is a group of letters and numbers generated by the private key, that is required to send money.
Because you must have the private key of your address in order to sing a transaction, the security level where this value is stored must be high. The default bitcoin client provides a wallet, but is really slow and it must be synchronized and it will take some days…
Continue reading My Bitcoin Experience: Wallets and Debit Card