GeoCash Elements
What is a wallet?
Digital resource that allows users to manage cryptocurrencies or tokens. Therefore, they can store, send and receive tokens.
What is a mnemonic?
Set of 12 words that is considered as a seed to generate a wallet. Thus, it is possible to recover/load your wallet from its mnemonic.
What is a private key?
Key represented as a hexadecimal number that is used in cryptography for encryption and authentification. Every private key has associated a public key that is used for identification. Each wallet has a private key.
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