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Mastering Blockchain - Second Edition
book

Mastering Blockchain - Second Edition

by Ankur Daharwal, Imran Bashir, Pranav Burnwal
March 2018
Beginner to intermediate
656 pages
20h 9m
English
Packt Publishing
Content preview from Mastering Blockchain - Second Edition

Non-deterministic wallets

These wallets contain randomly generated private keys and are also called just a bunch of key wallets. The Bitcoin core client generates some keys when first started and generates keys as and when required. Managing a large number of keys is very difficult and an error-prone process can lead to theft and loss of coins. Moreover, there is a need to create regular backups of the keys and protect them appropriately, for example, by encrypting them in order to prevent theft or loss.

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Publisher Resources

ISBN: 9781788839044