Private Key

Modified on Thu, Jul 31 at 7:36 PM

A private key functions like a password that grants access to spend Bitcoin from your wallet. It is crucial for security and should never be shared with anyone.


Think of a private key like a password; private keys should not be shared with others, as they allow you to spend Bitcoins from your Bitcoin wallet through a cryptographic signature. It is similar to your password when doing online banking.




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