When it comes to Bitcoin, understanding the different types of wallets is essential for ensuring the security and effective management of digital assets. Among these, the watch-only wallet stands out as a valuable tool. You may have wondered what is a watch-only wallet? This unique type of wallet allows users to monitor their funds without the inherent risks associated with internet connectivity.
Related reading: Everyone’s a Scammer
What is a Watch-Only Wallet?
Watch-only wallets operate by importing a wallet’s public key without the corresponding private key. The public key serves as a digital address that allows users to receive and view transactions, but it cannot…
Read more on bitcoinnews