Asked: What’s the relationship between private keys, public keys, and addresses?
My answer: Bitcoin addresses are usually generated by hashing and then encoding a public key or script. Common formats start with 1, 3, or bc1. You can think of an address as a receiving account, while a private key is the only credential that lets you access the funds: you can share your account number with anyone, but your private key should be kept to yourself.
$BTC 82305.22 (+0.77%)
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My answer: Bitcoin addresses are usually generated by hashing and then encoding a public key or script. Common formats start with 1, 3, or bc1. You can think of an address as a receiving account, while a private key is the only credential that lets you access the funds: you can share your account number with anyone, but your private key should be kept to yourself.
$BTC 82305.22 (+0.77%)
What other topics would you like to see? Let me know in the comments.
#BTC