Quark coin wallet out of sync autobiography
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Quark coin wallet out of sync autobiography 2!
Quarkcoin Wallet - The Basics
Using digital currency like Quarkcoin, is similar to using money in the real world. For example, say Bob who lives in the US wants to send money to his Chinese girlfriend Jing.
To do this, Bob must first have a bank account as well as money in his account. He must also know the account# of Jing in order to send the money.
Transacting in Quarkcoin is no different.
Quark coin wallet out of sync autobiography
In our example, Bob's bank account is his Quark Wallet. He must have Quark in his wallet in order to send anything, and finally he must know Jing's Quark address in order to send Quark to her.
Now what happens behind the scenes is where the magic happens.
Bob's wallet also holds his private key that authorizes and signs his digital signature in order to send any money. Not only that, the network itself verifies the transaction through the miner's work (cryptography) ensuring that he has the money to spend as well as that the transaction did in fact occur so there can be no double spe