Deterministic Wallets and Seed Phrases

Why does calling it a 'wallet' misname what Bitcoin actually stores — and how did one random seed replace the folder of backup files early wallets needed?


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Feynman technique

Learn with the Feynman Technique

Explain each idea in your own words in handwriting, then upload a photo for AI critique. Two attempts per question — there's no "right" answer, only depth of understanding.