Crypto mini lesson 📚 Private keys and addresses
A public key is derived from a private key through elliptic curve operations. This process is one-way, so deriving the private key from the public key is practically impossible.
A digital signature can show that the person initiating a transaction controls the private key, but the signing process does not expose the private key.
Learning this won’t make me money right away, but it can help me avoid one rookie mistake.
Looking at the market: $BTC is quoted at 82842 (24h +0.064%).
A public key is derived from a private key through elliptic curve operations. This process is one-way, so deriving the private key from the public key is practically impossible.
A digital signature can show that the person initiating a transaction controls the private key, but the signing process does not expose the private key.
Learning this won’t make me money right away, but it can help me avoid one rookie mistake.
Looking at the market: $BTC is quoted at 82842 (24h +0.064%).