How are wallets generated in cryptocurrency networks?

Wallets in cryptocurrency networks are generated through a process that involves cryptographic algorithms and mathematical principles, ensuring security and privacy for users. Here's a simplified explanation of how wallets are typically generated:

### 1. **Public and Private Keys:**
   - Cryptocurrency wallets are based on public-key cryptography. Each wallet has a pair of keys:
     - **Public Key:** This is derived from the private key and serves as the wallet address. It is used for receiving funds.
     - **Private Key:** This is a randomly generated, secret key known only to the wallet owner. It is used to sign transactions and access funds.

### 2. **Wallet Generation Process:**
   - **Random Seed:** Wallets are generated using a random seed or entropy source. This seed is crucial because it determines the private key, and by extension, the wallet's entire security.