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When you purchase bitcoin, you're given ownership of the quantity you got. You're given two keys?one is your public key, the opposite is private. https://www.wallethighlighter.com/ is used to encrypt information and create your pockets tackle, and the private key lets you decrypt the knowledge, or entry your bitcoin. This is the key you're storing and safeguarding.Your bitcoin ownership is safely recorded, saved, validated, and encrypted on the blockchain. To date, no cryptocurrency has been stolen by altering the information on a blockchain due to the encryption strategies used. With present technology, it would take centuries, if not millennia, to brute force hack a blockchain.However, the wallet you utilize stores your private key, and wallets are typically software on a hardware gadget, which is hackable?thus, the weak link lies between the blockchain and the person..