How public and private keys work in your crypto wallets

How public and private keys work in your crypto wallets

HomeCoinGeckoHow public and private keys work in your crypto wallets
How public and private keys work in your crypto wallets
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If you own cryptocurrency, you most likely have a wallet where you store your coins. However, these cryptocurrency wallets do not contain any real cryptocurrency. Instead, they contain two types of keys: private and public keys.

A public key is used to send cryptocurrency to a wallet, while a private key authenticates those transactions and proves ownership rights to a specific wallet address.

But is there everything you need to know about these two keys?

Watch this video to understand the key differences between these two keys and their respective roles in your daily crypto transactions!

Timestamps:
00:00 Introduction
00:16 Definitions of public key and private key
00:46 Differences between public key and private key
01:38 Respective roles in crypto transactions
02:33 Tips to secure your wallet
02:51 Off

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#privatekey #publickey #crypto #blockchain #cryptocurrency #cryptowallet

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