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Saivann 2013-04-22 15:28:41 -04:00
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@ -60,4 +60,4 @@ title: Vocabulary - Bitcoin
<p>A <a href="#cryptography">cryptographic</a> signature is <b>a mathematical mechanism that allows someone to prove ownership</b>. In the case of Bitcoin, a <a href="#address">Bitcoin address</a> and its <a href="#private-key">private key</a> are linked by some mathematical magic. When your Bitcoin software signs a transaction with the appropriate private key, the whole network can see that the signature matches the Bitcoin address. However, there is no way for the world to guess your private key to steal your hard-earned bitcoins.</p>
<h2><a name="wallet">Wallet</a></h2>
<p>A Bitcoin wallet is loosely <b>the equivalent of a physical wallet on the Bitcoin network</b>. The wallet actually contains your <a href="private-key">private keys</a> which allow you to spend bitcoins allocated to your <a href="#address">Bitcoin addresses</a> in the <a href="#blockchain">blockchain</a>. Each Bitcoin wallet can show you the total balance of all Bitcoin addresses it contains and lets you pay a specific amount to a specific person, just like a real wallet. This is different to credit cards where you are charged by the merchant.</p>
<p>A Bitcoin wallet is loosely <b>the equivalent of a physical wallet on the Bitcoin network</b>. The wallet actually contains your <a href="#private-key">private keys</a> which allow you to spend bitcoins allocated to your <a href="#address">Bitcoin addresses</a> in the <a href="#blockchain">block chain</a>. Each Bitcoin wallet can show you the total balance of all Bitcoin addresses it contains and lets you pay a specific amount to a specific person, just like a real wallet. This is different to credit cards where you are charged by the merchant.</p>