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Understanding Bitcoin wallets is crucial for navigating the Bitcoin space. Wallets, the gatekeepers of your funds, can be either standalone nodes or rely on others.

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The term "wallet" wears multiple hats. At its core, it's an app managing keys, addresses, balances, and transactions. From a programming standpoint, a wallet is the structure housing a user's keys. Let's delve into the intricacies, focusing on key functions.