Client

A client is software that can access and process blockchain transactions on a local computer. A common application of this is a cryptocurrency software wallet.

In computer science, a client is a piece of software or hardware (or an individual using such tools) that connects to the server in a client-server relationship, or to the rest of the network in a peer-to-peer environment. It allows end-users to remotely interact with other entities over the Internet.
In the cryptocurrency industry, software clients are used to connect to and interact with the blockchain network. As part of their operation, clients communicate with other nodes on the network.
Cryptocurrency clients are employed in numerous use cases. One of these is for miners, software that manages the operation of its user’s mining equipment and communicates the calculated hashes to the blockchain network.
Another example is a wallet, which allows users to deposit, store, send, receive and withdraw cryptocurrency coins and tokens. These often come with streamlined graphical user interfaces (GUIs) which allow even relatively unsophisticated users to easily manage their crypto funds.

Related Articles

Discussion about this glossary

Recommended Stories

ADVERTISEMENT

The most important crypto and finance news and events of the day

Be the first to know latest important news & events directly to your inbox.

By signing up, I agree to our TOS and Privacy Policy.

Welcome Back!

Login to your account below

Create New Account!

Fill the forms below to register

Retrieve your password

Please enter your username or email address to reset your password.