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Update USING WALLET README.md #1456

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Fixes # .

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@Wanderclyffex Wanderclyffex requested a review from mihaisc August 19, 2024 09:08
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codeclimate bot commented Aug 19, 2024

Code Climate has analyzed commit ba3193b and detected 0 issues on this pull request.

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Please update also the title or PR description because it targets removal of OCEAN token occurrences.


An account's Ether balance might be 7.1 ETH in the Ethereum Mainnet, 2.39 ETH in Görli testnet. You can move ETH from one network to another only with a special setup exchange or bridge. Also, you can't transfer tokens from networks holding value such as Ethereum mainnet to networks not holding value, i.e., testnets like Görli. The same is true of the OCEAN balances.

Each account has one **private key** and one **address**. The address can be calculated from the private key. You must keep the private key secret because it's what's needed to spend/transfer ETH and OCEAN (or to sign transactions of any kind). You can share the address with others. In fact, if you want someone to send some ETH or OCEAN to an account, you give them the account's address.
Each account has one **private key** and one **address**. The address can be calculated from the private key. You must keep the private key secret because it's what's needed to spend/transfer ETH (or to sign transactions of any kind). You can share the address with others. In fact, if you want someone to send some ETH or OCEAN to an account, you give them the account's address.

{% hint style="info" %}
Unlike traditional pocket wallets, crypto wallets don't actually store ETH or OCEAN. They store private keys.
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Here you also have reference to OCEAN token.

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