Let’s talk about digital signatures.
Digital signatures don’t encrypt transaction details; the transfer amount and addresses on the blockchain are still visible to everyone.
To be honest, I only learned this later too: anyone asking you to provide your private key or seed phrase to “verify a signature” is a scammer. A genuine signature never requires you to hand over your private key.
When transferring $BTC , your wallet signs the transaction with your private key, and nodes across the network verify the signature with the public key. Currently, 81836.52.
Understand how it works before you get started, and don’t place trades based on gut instinct.
Digital signatures don’t encrypt transaction details; the transfer amount and addresses on the blockchain are still visible to everyone.
To be honest, I only learned this later too: anyone asking you to provide your private key or seed phrase to “verify a signature” is a scammer. A genuine signature never requires you to hand over your private key.
When transferring $BTC , your wallet signs the transaction with your private key, and nodes across the network verify the signature with the public key. Currently, 81836.52.
Understand how it works before you get started, and don’t place trades based on gut instinct.