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@ -20,7 +20,7 @@ In this chapter we will look at the second meaning, where wallets are containers
Bitcoin wallets contain keys, not coins. Each user has a wallet containing keys. Wallets are really keychains containing pairs of private/public keys (see <<private_public_keys>>). Users sign transactions with the keys, thereby proving they own the transaction outputs (their coins). The coins are stored on the blockchain in the form of transaction-outputs (often noted as vout or txout). Bitcoin wallets contain keys, not coins. Each user has a wallet containing keys. Wallets are really keychains containing pairs of private/public keys (see <<private_public_keys>>). Users sign transactions with the keys, thereby proving they own the transaction outputs (their coins). The coins are stored on the blockchain in the form of transaction-outputs (often noted as vout or txout).
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There are two primary types of wallets, distinguished by whether the keys they contain are related to each other or not. ((("wallets", "technology overview", "wallet types")))There are two primary types of wallets, distinguished by whether the keys they contain are related to each other or not.
The first type is _nondeterministic wallets_, where each key is independently generated from a random number. The keys are not related to each other. This type of wallet is also known as a JBOK wallet from the phrase "Just a Bunch Of Keys." The first type is _nondeterministic wallets_, where each key is independently generated from a random number. The keys are not related to each other. This type of wallet is also known as a JBOK wallet from the phrase "Just a Bunch Of Keys."