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How to Secure Your Bitcoin Wallets - dummies
In the same way that you wouldn't walk around with your real wallet hanging out of your back pocket, or keep your bank card PIN number on a piece of paper inside that wallet, you need to be security conscious about your bitcoin wallet, too.
Secure mobile bitcoin wallets
A mobile bitcoin wallet is convenient to use, because it can be installed on either a tablet or smartphone. Either of these...
Bitcoin Public and Private Keys - dummies
There is more to a bitcoin wallet than just the address itself. It also contains the public and private key for each of your bitcoin addresses. Your bitcoin private key is a randomly generated string (numbers and letters), allowing bitcoins to be spent. A private key is always mathematically related to the bitcoin wallet address, but is impossible to reverse engineer thanks to a strong encryption...
Bitcoin Addresses - dummies
Similar to the way e-mail addresses work, a bitcoin address can be used to both send and receive data -- or in this case, bitcoins. That said, there is one major distinction to be made between bitcoin addresses and e-mail addresses. People can have multiple bitcoin addresses they can use to send and receive transactions.
In fact, it is advisable to use a brand new bitcoin address for every...
How to Create a Bitcoin Paper Wallet - dummies
A paper wallet is a paper copy of your public and private key for your Bitcoins. Because they're completely offline, paper wallets are one of the most secure ways to hold Bitcoins when done correctly. The advantage is that your private key is not stored digitally, so it isn't subject to hacking. Making a paper wallet is fairly easy. Just follow...
How Bitcoin Works - dummies
Bitcoin is changing the way people think about money by planting a seed of doubt in people's minds -- in a positive and thought-provoking way. Mind you, given the financial crises over the past decade, it's understandable that some people are trying to come up with new and creative solutions for a better economy. Bitcoin, with its transparency and decentralization, may prove to be a powerful tool...
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