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Private Key
A private key is a string of data (letters and numbers) that shows that you have access to Bitcoins in a specific wallet. Think of a private key like a password; private keys should not be shared with others as they allow you to spend Bitcoins from ...
Public address
A public bitcoin address is a cryptographic hash of a public key. A public address typically starts with the number “1.” Think of a public address like an email address. It can be published anywhere and bitcoin can be sent to it, just like an email ...
Public receipt
A message proving that the traded Bitcoin has been received and the trading or transaction is successful.
Wallet
A wallet is a collection of Bitcoin private keys used to spend Bitcoin. Just like with paper currency that is held in your physical wallet, a Bitcoin wallet is a digital wallet where you can store, send, and receive Bitcoin securely. There are many ...
Ledger
A physical or electronic log book containing a list of transactions and balances typically involving financial accounts. The Bitcoin blockchain is the first distributed, decentralized, public ledger.