Wallets and Security | What’s the relationship between private keys, public keys, and addresses?
Most Bitcoin addresses are created by hashing and encoding a public key or script, and commonly start with 1, 3, or bc1.
You can think of an address as an account for receiving funds, while a private key is the only credential that lets you access those funds: you can share your account with anyone, but your private key should be kept to yourself.
For market context: $BTC is quoted at 68992.01, down 6.48% over 24 hours.
Only download wallet software for your computer from reputable sources. Don’t install packages sent to you by others.
These are just my views and do not constitute investment advice.
Most Bitcoin addresses are created by hashing and encoding a public key or script, and commonly start with 1, 3, or bc1.
You can think of an address as an account for receiving funds, while a private key is the only credential that lets you access those funds: you can share your account with anyone, but your private key should be kept to yourself.
For market context: $BTC is quoted at 68992.01, down 6.48% over 24 hours.
Only download wallet software for your computer from reputable sources. Don’t install packages sent to you by others.
These are just my views and do not constitute investment advice.