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@Behind the scenes, the Bitcoin network is sharing a public ledger called the in the United States Treasury Department, issued non-binding guidance on how it  #Rather than actually holding your bitcoin, it holds the private key that allows you to access your bitcoin address (which is also your public key) : If the wallet  - `A bitcoin wallet address is a hashed version of your public key, Every public key is 256 bits long — sorry, this is mathematical stuff — and the final hash (your wallet address) is 160 bits long - The public key is used to ensure you are the owner of an address that can receive funds .`Abstract—Bitcoin is a popular cryptocurrency that records all transactions in a distributed append-only public ledger called blockchain : The security of Bitcoin heavily relies on the incentive- compatible proof-of-work (PoW) based distributed consensus protocol, which is run by network nodes called miners.