What is the difference between Node and a Wallet?

+2 votes
Is Wallet a package API inside a Node or is it a subsystem like Node on Multichain platform?

If so how node interacts with wallet to get Transactions details from a mined block?
related to an answer for: What is the Architecture of Multichain?
asked Mar 13, 2018 by Pavan123

1 Answer

+1 vote
The node and the wallet are two separate subsystems of MultiChain. The node tracks global blockchain state, while the wallet tracks transactions of particular interest to this instance, plus it holds keys. Information is generally fed from node to wallet, since the wallet often needs to know about the blockchain's global state.
answered Mar 13, 2018 by MultiChain
I would like to help other Mutichain users with Graphical representation of Architecture

Please verify this image url and let me know what has to be modified?