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Bitcoin for the Befuddled by Chris Wilmer, Conrad Barski

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9

UNDERSTANDING THE DIFFERENT TYPES OF BITCOIN WALLETS

In Chapter 2 we recommended using the Bitcoin wallet program Electrum, which is free and open source, runs on most devices, and is ideal for beginners. However, hundreds of other Bitcoin wallet programs are available, ranging from simple to sophisticated, and new ones are being released constantly as developers compete to add new features and slicker interfaces. But beneath the slicker interfaces and occasionally gimmicky features, some fundamental differences between Bitcoin wallet programs exist. The goal of this chapter is to help you understand those differences so you can make an informed choice about the most useful Bitcoin wallet for your needs.

In this chapter, we’ll occasionally ...

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