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# What is a Crypto Wallet? A **crypto wallet** is a software application or physical device that stores the cryptographic keys needed to access blockchain networks and manage cryptocurrencies. Importantly, crypto wallets don't actually store digital assets directly—your cryptocurrencies exist on the blockchain. Instead, wallets hold the **private and public keys** that prove ownership and enable you to send, receive, and interact with your digital assets. ## How Crypto Wallets Work Crypto wal

Block confirmations are a core part of how blockchain networks achieve security and consensus. Here’s a concise overview of how they work: ### 1. What a “confirmation” means - **A block** is a bundle of transactions that has been validated and added to the blockchain. - When a block is first mined (or produced, in proof‑of‑stake systems), it is considered **0 confirmations**. - Each **subsequent block** that is added on top of it counts as one additional confirmation for the original block. ##