transaction fees to speed up the confirmation of transactions. Miners can choose which transaction to process and prioritize them based on the transaction fees.
And there is a concept called ‘wallet’ also. It stores all the necessary information on transactions of bitcoins. Perhaps a better way to describe a Bitcoin wallet is that the wallet stores the digital credentials for your Bitcoin holdings and allows you to access and spend the bitcoins. Bitcoin uses public-key cryptography, which generates a pair of a public key and a private key. You can say a wallet is a collection of these keys.
To know more about how the mining of Bitcoins is done:








































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