<p>A wallet consists of two sets of keys {private and public} and the addresses derived from them. There are different types of addresses like Payment address and staking address. Payment addresses can be used for receiving payment through transactions that require fees. The reward address of a wallet can not be used for receiving payment.</p>
<p>Overall we can say the public and private keys are the core components of a wallet.</p>
<p>Staking does not involve sending any ADA out of wallet.</p>

CC BY-SA 4.0
2021-09-20T15:11:39.597Z
Sure sounds like a wallet.
Louis Waweru
CC BY-SA 4.0
2021-09-20T06:47:49.273Z
2021-09-20T06:47:49.273Z
raghu
<p>If you want to understand how payment address, public pvt keys etc you can read this chapter
<a href="https://docs.armada-alliance.com/ai-blockchain-edu/wallets" rel="nofollow noreferrer">https://docs.armada-alliance.com/ai-blockchain-edu/wallets</a></p>

CC BY-SA 4.0
2021-10-22T05:39:20.177Z
2021-10-22T05:39:20.177Z
PGWAD Pool
<p>When staking to the payment address is one effectively sending ADA to another wallet?</p>
<p>I think this is an interesting question because one asks if it could then be added to a wallet application like Daedalus, or something else..</p>

<wallet><staking><payment><private-key>
Is the Payment Adresss and associated keys considered a wallet?
# Is the Payment Adresss and associated keys considered a wallet?

(Asked by: username_0 on 2021-09-18)

When staking to the payment address is one effectively sending ADA to another wallet?

I think this is an interesting question because one asks if it could then be added to a wallet application like Daedalus, or something else..

**Tags:** wallet, staking, payment, private-key

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## 2 answers

### Answer by username_1 on 2021-09-20. Score: 2 | Accepted answer

A wallet consists of two sets of keys {private and public} and the addresses derived from them. There are different types of addresses like Payment address and staking address. Payment addresses can be used for receiving payment through transactions that require fees. The reward address of a wallet can not be used for receiving payment.

Overall we can say the public and private keys are the core components of a wallet.

Staking does not involve sending any ADA out of wallet.

> **Comments:**
> **username_0**: Sure sounds like a wallet.  

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### Answer by username_2 on 2021-10-22. Score: 2

If you want to understand how payment address, public pvt keys etc you can read this chapter
<https://docs.armada-alliance.com/ai-blockchain-edu/wallets>


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