I want to know more about bitcoin wallet

[AprilioMP]

It's my pleasure to be a member of this forum. I've tried my best to read and comprehend the rules and regulations. I've found that this forum is a pleasure, where people come together to share positive knowledge and information.
  As someone with little technical experience in bitcoin has become a member of this forum, i want to know more about how bitcoin wallet is operated?

Storing Bitcoin in large amounts, it will not be safe to use a hot wallet because the hot wallet is connected to the internet and in terms of security, that is its weak point. The opposite is a cold wallet. Cold wallets are safer based on usage practices because there is no connection to the internet. Using a hot wallet for small transactions in daily activities may be suitable in my opinion. For example, I use open source wallet software for small transactions such as unstoppable wallet.

[Zigabel]

It's my pleasure to be a member of this forum. I've tried my best to read and comprehend the rules and regulations. I've found that this forum is a pleasure, where people come together to share positive knowledge and information.
  As someone with little technical experience in bitcoin has become a member of this forum, i want to know more about how bitcoin wallet is operated?

Knowing about how bitcoin wallet operates is something you can still learn by reading just like you did as you have mentioned and it has helped you know the much you have known on the forum already, keep up with you reading and research style and i believe you are going to be able to get to the point where you will know as much as you have desired in the bitcoin eco system, but if  i should make a are commendation, i will advise you don't use exchange wallets as a beginner rather  use a non custodian wallet and make sure when getting any of these, don just download from anywhere rather from their site if they have got one so you will not be using a clone app and putting your asset at risk. but if you are storing a very large quantity, make sure to use the offline wallet to be sure of optimal security and make sure to guard your seed phrase very well because they are the key to your asset else you have your asset lost and gone probably forever.

[Rustam Meraj]

It's my pleasure to be a member of this forum. I've tried my best to read and comprehend the rules and regulations. I've found that this forum is a pleasure, where people come together to share positive knowledge and information.
  As someone with little technical experience in bitcoin has become a member of this forum, i want to know more about how bitcoin wallet is operated?

Knowing about how bitcoin wallet operates is something you can still learn by reading just like you did as you have mentioned and it has helped you know the much you have known on the forum already, keep up with you reading and research style and i believe you are going to be able to get to the point where you will know as much as you have desired in the bitcoin eco system, but if  i should make a are commendation, i will advise you don't use exchange wallets as a beginner rather  use a non custodian wallet and make sure when getting any of these, don just download from anywhere rather from their site if they have got one so you will not be using a clone app and putting your asset at risk. but if you are storing a very large quantity, make sure to use the offline wallet to be sure of optimal security and make sure to guard your seed phrase very well because they are the key to your asset else you have your asset lost and gone probably forever.

I agree with your advice on learning about bitcoin wallets. And your tip OP to avoid exchange wallets as beginner is good advice. Instead use a non custodial wallet that lets you control your assets. When choosing wallet download it from official website to avoid fake apps and security risks. If we have a lot of bitcoins we should use an offline wallet for extra security. And we should keep in mind that our seed phrase is like a key to your assets we should keep it safe. And we know if we lose that so we will lose our assets.

[Belarge]

You can read this thread for more information on wallets
[General] Bitcoin Wallets - Which, what, why?
As a newbie, it is good you use a noncustodial wallet like Electrum wallet, Blue wallet to learn more by praticals. Download wallets from their official sites to avoid you downloading a clone wallet from scammers. The important thing in a wallet is the seed phrase and you are to write it down with three backups and keep it safe from anyone seeing it. Your three seed phrase backups would be kept in tgre different locations very far from each other.

Knowing more about the market drives into learning and reading new articles and ideas. We have every tendency to strive for better positions and comprehend the fact we're growing. There are basics that needs to be timely understood thoroughly because the space is complex. Bitcoin is mainly an important project in cryptocurrency and consider priority for all visioned traders and investors. I've not come in closure with the sights of bitcoin vanishing because it's been in the far decades and it's existence and popularity keeps rapidly rising.

Knowledge is power. Bitcoin wallets are effectively and numerous when we're dealing with the numbers. Always make sure you're making the best decision because comfort and safety comes first on the list. Bitcoin should be targets but not in desperate momentum because there are certainly consequences if we're off track, you know what that means, losses are recorded.

[Darker45]

How a Bitcoin wallet is operated? That's kind of a confusing question. But I guess it might help if you know the difference between an open-source wallet and a closed-source wallet. An open-source wallet operates with its source codes open to the public. Meaning, anybody can review the codes. Anybody can perform audits as to its security. Anything in the codes that is malicious or prone to harmful attacks or abuse could be addressed right away. This transparency is the primary reason why open-source wallets are generally considered reliable and trustworthy and are highly recommended over closed-source wallets. Closed-source wallets, on the other hand, operate with source codes only known by the wallet provider. Since the public cannot review the codes, it is more or less impossible to verify whether they are with or without malicious portions inserted.

I guess it's also important to know the distinction between a non-custodial wallet and a custodial wallet. The former operates without keeping the user's private keys. Meaning, the only person who knows and controls the private keys is the owner alone. As to custodial wallets, the private keys are controlled by a third party. To know the difference is very important because Bitcoin is about freedom, independence, control, ownership.

All in all, a Bitcoin wallet that's both open-source and non-custodial is the kind of wallet you might be looking for.

[Baki202]

I agree with your advice on learning about bitcoin wallets. And your tip OP to avoid exchange wallets as beginner is good advice. Instead use a non custodial wallet that lets you control your assets. When choosing wallet download it from official website to avoid fake apps and security risks. If we have a lot of bitcoins we should use an offline wallet for extra security. And we should keep in mind that our seed phrase is like a key to your assets we should keep it safe. And we know if we lose that so we will lose our assets.

Bitcoin wallets are easy to learn about just for you to actually get the right information about the one you are learning and you need to learn about the security behind wallets how to keep your seed phrase safe and other things understanding chain when you are making withdrawal so their nothing to serious and trying to avoid exchange wallet is one of the best advice that can be given is to get a wallet that you can save your assets then get a trusted exchange for transaction but some people will consider the transaction fee instead of them to consider security first but no they want everything at ease and shortcut is always one dangerous road to take, holding the keys your self makes everything very easy and you don't have to panic about anything especially if you are holding and holders need this information more and even those that are trading can always move their profit from one place to another. no matter what it is whether you are holding or not everyone needs this information so that we don't have to worry.

[SOKO-DEKE]

I agree with your advice on learning about bitcoin wallets. And your tip OP to avoid exchange wallets as beginner is good advice. Instead use a non custodial wallet that lets you control your assets. When choosing wallet download it from official website to avoid fake apps and security risks. If we have a lot of bitcoins we should use an offline wallet for extra security. And we should keep in mind that our seed phrase is like a key to your assets we should keep it safe. And we know if we lose that so we will lose our assets.

Providing strong security for someone’s assets should always be everyone’s concern. However, there are always a few people who are more concerned about how to provide their assets with strong security. Some investors have lost their assets, not because of anything inherent, but because their assets were stored in places where they shouldn’t have been. Many have stored their assets in exchanges, and when the exchange collapsed, they lost their funds. It is crucial for any newbie who doesn't know about wallets to learn and stop storing their funds in exchanges where they will not have full control of their assets. Additionally,if anything goes wrong with the exchange where funds are kept, some will hardly have peace of mind. Learning about wallets should be among the first things newbies need to do, so that whenever they start storing their funds, they no will try to use custodial wallets.