Bitcoin Wallets
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Questions and Answers

Which type of wallet stores the entire transactions and manages users' wallets?

  • Web Wallets
  • Desktop Wallets (correct)
  • Hardware Wallets
  • Mobile Wallets
  • Which type of wallet connects to bitcoin full nodes for transaction information and stores user wallet locally?

  • Web Wallets
  • Desktop Wallets
  • Hardware Wallets
  • Mobile Wallets (correct)
  • Which type of wallet can directly interact with the bitcoin network without an intermediary?

  • Hardware Wallets
  • Desktop Wallets
  • Web Wallets (correct)
  • Mobile Wallets
  • Which type of wallet interacts with Bitcoin through a third-party API?

    <p>Hardware Wallets</p> Signup and view all the answers

    Which type of wallet is resource consuming but offers complete autonomy?

    <p>Desktop Wallets</p> Signup and view all the answers

    Which type of wallet is stored on a computer or laptop?

    <p>Desktop Wallets</p> Signup and view all the answers

    Which type of wallet is stored on a mobile device like a smartphone or tablet?

    <p>Mobile Wallets</p> Signup and view all the answers

    Which type of wallet is accessed through a web browser?

    <p>Web Wallets</p> Signup and view all the answers

    Which type of wallet is a physical device that securely stores private keys offline?

    <p>Hardware Wallets</p> Signup and view all the answers

    Which type of wallet is a printed piece of paper containing a user's private and public keys?

    <p>Paper Wallets</p> Signup and view all the answers

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