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Yomose

Difference between Public key and Addresses?

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On wallets, I do noticed they have public keys, and warned by the wallet that if the public key is revealed to anyone that all your transactions will be revealed to the person. And what are the other dangers of given public keys to another person?

 

Addresses are for receiving cryptocurrencies like bitcoin, each cryptocurrencies  have their own corresponding public keys and the key likely also generate the addresses, is this correct? 

 

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There are public keys, private keys and addresses in the portfolios where showing the public key poses a small risk to the wallet through the fraudsters knowing about the transactions of this wallet and the amounts that are available. As for sharing private keys, it causes the wallet to be easily penetrated and stolen. As for the addresses, they are used only for sending and receiving, not the seriousness of the keys.

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Public keys You can share them with anyone without any problems to receive money on them, but private keys and passwords cannot be shared with anyone and you must save them in a safe place and create backup copies of them

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Am not sure but i think public key and wallet address are not that different. I only know the difference of private key and wallet address or public key. A private key will help you to protect your wallet and a public key you will use it to receive coins to your wallet. 

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28 minutes ago, Calvinpriva said:

Am not sure but i think public key and wallet address are not that different. I only know the difference of private key and wallet address or public key. A private key will help you to protect your wallet and a public key you will use it to receive coins to your wallet. 

Yes, and I know that, we can share the wallet address in order for the money to reach us, and it is normal to publish it anywhere.

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9 hours ago, Calvinpriva said:

Am not sure but i think public key and wallet address are not that different. I only know the difference of private key and wallet address or public key. A private key will help you to protect your wallet and a public key you will use it to receive coins to your wallet. 

@Calvinpriva public keys and wallet address are not the same, public key can still lead to derivation of address which have no private key in such a way that the original private key is stored offline while public keys will generate more addresses. 

8 hours ago, Monz said:

Private keys are  one which you must not share with anyone because anyone else may know the password and can easily stole your Bitcoins.But there is nothing wrong if someone know you public address because on this address only transactions take place.

Not only private key, you must not share seeds or seed phrase as well. 

Edited by Yomose
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To the simplest term for a beginner, Public address is a wallet feature (a group of alphanumeric characters) that allows sending and receiving cryptocurrency just like a bank account, while a Private key is one without a wallet cannot be accessed, it is like a safe lock to the wallet, you can receive crypto without it but you can't send crypto out.

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5 hours ago, magd said:

There are public keys, private keys and addresses in the portfolios where showing the public key poses a small risk to the wallet through the fraudsters knowing about the transactions of this wallet and the amounts that are available. As for sharing private keys, it causes the wallet to be easily penetrated and stolen. As for the addresses, they are used only for sending and receiving, not the seriousness of the keys.

Thank you very much for explaining this topic that I personally did not understand I always had the confusion but because I read this I know what the differences are 

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The public key is the transaction of your address if any one have it they can see all your transaction that you do with your address ,there is no risk about that but just if you dont want to nay one know what you have and what you transfer that's all 

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the public key is like your email, people use it to send you emails, your private key is your password, you use it to access those emails and send to other people

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Sharing all the information of the account is like risking your account. You should even barely share public keys to the sites and airdrops because most of the can be fraud and scams which increases the risk of your wallet.

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Public key and private key we see in myether wallet and trust wallet, and this two keys not same public key we send this key anyone and receive are send coins through this key, private key its our account access key its risky to send anyone, if he know our password then anyone stilling our funds.

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11 hours ago, scorpiali said:

The public key is the transaction of your address if any one have it they can see all your transaction that you do with your address ,there is no risk about that but just if you dont want to nay one know what you have and what you transfer that's all 

You are right, if public key is shared with another person, the whole transaction made from all the address generated by the public key will be known to the person you shared it with unlike only sharing address. Some people still do not know they are not the same. 

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A public key is the one that reveals a transactions made from your wallet  and it can only be used by advanced hackers to steal your crypto while as the addresse is used for receiving crypto.

Edited by George10
adding infor.
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There is no difference between the public keys and the addresses of the governor, because these things enable us to send money through it and enable others to know the transactions that we have made, but the private keys are very important and should not be shared with anyone because forbid if they were shared with the wrong person we will lose all our money and it is stolen

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yes mate 🙂 you are right public key or we can say recive id , we can share it with anyone without any Risk . we Need To save our private key. private key is like heartbeat of wallet 😉 if we lost it we maybe lost our wallet permanently Also .

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On 6/2/2020 at 9:13 AM, Yomose said:

On wallets, I do noticed they have public keys, and warned by the wallet that if the public key is revealed to anyone that all your transactions will be revealed to the person. And what are the other dangers of given public keys to another person?

 

Addresses are for receiving cryptocurrencies like bitcoin, each cryptocurrencies  have their own corresponding public keys and the key likely also generate the addresses, is this correct? 

 

You are correct my friends the address can be used by third party but you alone have full access to make any transactions the public key only is for you if someone get access to it he can steal everything you have.

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I think from the name we can understand the difference between private key and the public key , the private key this ill do with to make you wallet safe and keep your money safe , but the public key you can use it to receive money to the wallet , i think is easy to understand the difference.

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6 hours ago, Ndayebo8 said:

You are correct my friends the address can be used by third party but you alone have full access to make any transactions the public key only is for you if someone get access to it he can steal everything you have.

If the public key is only for you then why it is called public? You are probably confused between what a public key and what a private key is. I suggest to google it and you will understand.

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7 hours ago, Rinku Das said:

There have many members already talk about it. So there have no new things to write. But I want to give your a suggestion that don't share your private key to anyone. Private key safe your wallet and coins from fraudulent. So be careful about it.

Also do not share you seed phrase to anyone because your seed phrase can be used by hackers to have full access to your wallet. Also, know that public address can reveal all transactions you have made through your wallet and should not be shared. 

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Public key is a unique and encrypted personal address which you can share with other person to receive funds but be aware, private key should never be shared with anyone else. Sharing private key may cause your funds loss from the cryptocurrency wallets. 


 

 

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Public key use to receive Bitcoin or others coin in our wallets and private address using to send coins someone wallet. Actually public key and address not so important but private key and password is very important, so try to save our wallet key.

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I totally surprised what's you are explaining here we nothing worried about public key which are our address of eth blockchain system and we need to safe our private keys of eth wallets for making secure to our account of eth blockchain technology system. 

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If i am not mistaken there is actually no or a small risk when it comes to sharing the public key of you wallet with someone. There is nothing that they can do with this information and it does not allow them to hack your account. On the other hand there is a private key that is associated with every wallet and if you spread this information or if it is leaked or exposed, then it poses a huge threat because they will be able to access your account and as a result they will be able to transfer your funds out to their own personal wallet.

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