What is a Public Key?

What is a Public Key?

"Public key" is an alphanumeric password just like the private key. The public key is actually derived from "private key" using cryptographic math functions. This function is a non-inverse function. In other words, the public key is produced using the private key, but using the public key the private key cannot be produced.

Think of the public key as an IBAN number, it is a kind of address used to pass BTC to someone else or to get it from someone else. The public key always starts with the number 1. You can share the public key with anyone.

What is Bitcoin?

It is the first cryptocurrency name created. With the creation of the first block by Satoshi Nakamoto on January.....

Read More...

What is Altcoin?

The name of all projects recreated after Bitcoin was released is a general name given to coins, alternative coins.....

Read More...

What is a Blockchain?

Each block is formed by taking a reference (hash) from the preceding block. At the same time.....

Read More...

What is Block Reward?

Block Reward; It is known as the incentive reward given to the miner who first manages to create a new block. The miners.....

Read More...

What is Block?

It is the set of data where digital transactions are recorded and protected by hash algorait.....

Read More...

What is Coin Address?

It is the name given to a string of alphanumeric characters used to send or receive cryptocurrencies.....

Read More...

What is Mining?

MMining is the person who provides the formation of blocks in order to provide the crypto money supply in crypto.....

Read More...

What is a Private Key?

Your "Private key" is a 256 bit Alphanumeric (both letter and number) secret password that you will use to spend.....

Read More...

What is a Public Key?

"Public key" is an alphanumeric password just like the private key. The public key is actually derived from.....

Read More...

What is an Airdrop?

In the airdrop blockchain and cryptocurrency eco system, which means airborne aid, the dictionary.....

Read More...