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It’s the first bitcoin wallet for iPhone that connects directly to the bitcoin network instead of trusting a server that could get hacked or go down. remember with hosted wallets like coinbase or circle, you don’t actually have bitcoin. What you have is a promise from the hosted wallet company for some bitcoin.
Bitcoin Core is the backbone of the Bitcoin network. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. If you have a fairly powerful computer that is almost always online, you can help the network by running bitcoin core.