A wallet in the realm of bitcoins is equivalent to a bank account. Your wallet is where you receive, store, and send bitcoins. There is essentially two types of bitcoin wallets: a software wallet and a web wallet.[1] Both wallets have their pros and cons, and the decision will depend on your needs for a bit coin wallet.Research your options. The software wallet was the original bitcoin wallet created. There are different types of software wallets. You're in complete control over the security of your coins with the software. The bigger hassles of the software wallet is installing and maintaining it.
The block chain is a public database of all the transactions participating in the server. It is used for almost all servers for history and verification purposes.
Download the original. Some people claim that the original bitcoin wallet, Bitcoin Core, is the best. It has been scrutinized and evolved since its creation. Visit Bitcoin's website, bitcoin.org, to download the application. This program will work on Mac, PC, and Linux servers. Once you install the software, the bitcoin client will attempt to establish a network and begin downloading the bitcoin block chain.
