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Learn Ethereum
book

Learn Ethereum

by Xun (Brian) Wu, Zhihong Zou, Dongying Song
September 2019
Beginner to intermediate
540 pages
13h 3m
English
Packt Publishing
Content preview from Learn Ethereum

Ethereum wallet

Before you can trade ether, you need a place to store it. Ether, just like every other cryptocurrency, doesn't exist in any tangible shape or form. All that exists are records on the Ethereum blockchain. In the same way as Bitcoin, the Ethereum wallet allows you to interact with the blockchain to enable cryptocurrency transactions.

An Ethereum wallet stores the public and private keys, where the private key is used for paying or spending ethers and the public key for receiving ethers. A wallet can contain multiple public and private key pairs. An Ethereum address, derived from public keys, is used as the public address for you to receive the ethers. However, every piece of cryptocurrency has a private key. You will need the ...

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Publisher Resources

ISBN: 9781789954111