What do the private key, public key, and address behind a wallet each do?
First, the definitions: Bitcoin and Ethereum private keys are both actually 256-bit random numbers, and both use the secp256k1 elliptic curve.
How it works: There is no central authority that can help you reset your private key. The blockchain only recognizes valid signatures, and anyone who gets hold of your private key can access the assets at the corresponding address.
Related coin: $BTC is quoted at 82697.3 (24h +0.48%).
You should keep your recovery phrase and private key to yourself. Never give them to anyone who asks.
#BTC
Ideas can be wrong at any time. Please manage your own gains and losses.
First, the definitions: Bitcoin and Ethereum private keys are both actually 256-bit random numbers, and both use the secp256k1 elliptic curve.
How it works: There is no central authority that can help you reset your private key. The blockchain only recognizes valid signatures, and anyone who gets hold of your private key can access the assets at the corresponding address.
Related coin: $BTC is quoted at 82697.3 (24h +0.48%).
You should keep your recovery phrase and private key to yourself. Never give them to anyone who asks.
#BTC
Ideas can be wrong at any time. Please manage your own gains and losses.