How to Use Wallets and Loafwallet

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What is a wallet? In the world of cryptocurrency a ‘wallet’ refers to a digital store of coins. These wallets exist as  part of a cryptocurrency’s blockchain and their balance and transaction data is stored and updated as the blockchain grows. Wallets are given unique addresses which are usually displayed as either a long strings of letters and numbers, or a QR code. Below is an example Litecoin

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