Difference between Public key and Addresses? - Page 5 - For Beginners - CryptoTalk.Org Jump to content
Yomose

Difference between Public key and Addresses?

Recommended Posts

On 6/2/2020 at 4:13 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? 

 

The best thing is to have wallets with a personal password and this way you prevent the information from spreading and you may have loss, this is my recommendation beyond any other benefit.

  • +2 1

Share this post


Link to post
Share on other sites
13 hours ago, jappy said:

The best thing is to have wallets with a personal password and this way you prevent the information from spreading and you may have loss, this is my recommendation beyond any other benefit.

Having passwords for your wallet is good, but that does not mean you should not also make sure of passphrase for more security. With the passphrase, no one can be able to spend you coin unless they know the passphrase, but your wallet balance will be known. 

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

My friends, as I study information technology and understand digital encryption algorithms, I admit to you that sharing the key of your private wallet will not matter at all because your wallet is completely safe and the reason is that when someone sends a portion of currency from his wallet or to his private wallet, the money is sent using encryption algorithms that are used by thousands of  Computers that work on mining are the medium of sending currencies from one wallet to another wallet using the encryption algorithm on the graphics card processor of a mining device. This is all I have information and I will present this post as a separate post. Thank you.

  • Useful or interesting 1
  • +2 1
  • +5 1

Share this post


Link to post
Share on other sites

You can share public key with anyone and there isnt any problem in that but never share private key with anyone because if you share you will lose your transaction.

Share this post


Link to post
Share on other sites

simply to allow realize every beginner that the public key is one that you can share with others and inform them that this is your address and that they also can see the crypto you own. the personal key permits you to get admission to the crypto and send them some place else.

  • +1 1

Share this post


Link to post
Share on other sites

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

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

Many of the risks that lie on you in this case, a person can exploit your account in a fraud on many people or steal all your money and transfer it to his wallet or even deal with people in your name and your personal information.

  • Useful or interesting 1
  • +3 1

Share this post


Link to post
Share on other sites

Private keys or confidential details are too important to be disclose outside especially online, it's very riskful and dangerous as easily you stand a chance to loose your money. Private keys are seeds meant for you and you alone, don't try to compromise it at any cost an no matter what some one may claim to offers you. While wallet addresses are just like mere account number through which you receive or send currency to someone

  • +1 1

Share this post


Link to post
Share on other sites

In my opinion, you should not share your private keys with others because they will be able to access your wallet. As for the public keys, transactions can be shared with senders.

Share this post


Link to post
Share on other sites

Hy guy thanks for this update u don't know I anyone can please shed more light on this public key and wallet you are talking about

Share this post


Link to post
Share on other sites

The public is something we have to say and we want to talk a lot about it because we think there are a lot of ideas about the public. There's a lot that can be explained.  If we want to discuss then we can understand a lot

Share this post


Link to post
Share on other sites

Dear friend, there are two types of keys, which are public and private, as the public key is a great danger to the wallet. Fraudsters can know the amount of money the person has. As for the private key, it leads to the entire process of stealing the wallet. We have to make sure of the person to whom we send that key in order not to risk

Share this post


Link to post
Share on other sites

A bitcoin address is a place where we can give it to other people to receive bitcoin transactions, a bitcoin address doesn't matter if everyone knows. The private key is a key that should not be known by anyone, it is the key to accessing your wallet. So this is not an address key, but a private key.

Share this post


Link to post
Share on other sites

When it comes to 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 and create backup copies of them.

  • +3 1

Share this post


Link to post
Share on other sites

the password and the private key is the most important information and don 't  , don't give them to anyone.
the public key and the address you can share them for withdraw and deposit.

  • +3 1

Share this post


Link to post
Share on other sites

Yes of course when it comes to public keys you can share them with them for free without any problem but private keys and passwords cannot be shared with anyone and I think you must save them and make backup copies of them.

  • +2 1

Share this post


Link to post
Share on other sites

Maybe you mean your private key and wallet address. The private key is the key to opening the wallet that you have, if you lose your private key you will lose the assets in that wallet. Wallet address is a place where we can transfer via an address that can be given by anyone because to send crypto we need a wallet address.

  • +1 1

Share this post


Link to post
Share on other sites

the main difference is you can use your private key to store your currency so you can not share it with anyone there is a high risk of losing your money and in public keys there is nothing to worry about the hacking.

Share this post


Link to post
Share on other sites

A Bitcoin address is a 160-bit hash of the public portion of a public/private ECDSA keypair. Public key are not the addresses, A address is like an email address that funds can be sent to. The public key is used by the wallet to make different addresses.

  • -1 1

Share this post


Link to post
Share on other sites

there is no issue of sharing your public keys with someone else but you need to be careful with your private keys that are you are main way to control your money.

  • +1 1

Share this post


Link to post
Share on other sites
4 hours ago, Ocean of Islam said:

Dear @Yomose i think there are three types i.e public key, private key and wallet address. You can share your public key and wallet address to any one but your private key is guaranty of your wallet's privacy.

@Ocean of Islam you can tell someone about your address but it will not be good to tell someone about your public key. Because all coins send to your individual addresses are summed up on public and your whole transaction history can be traced. 

  • +1 1

Share this post


Link to post
Share on other sites

People think that the private keys are not dangerous and that they can share them with anyone. I would like to confirm that the public keys for the wallets are just as important as the private keys, and they should keep them and keep them in complete confidentiality as is the case with the private keys

Share this post


Link to post
Share on other sites

Hello my friend. First of all there is a huge difference between Public key and Private key. 

 

There is not any problem sharing your public key because to tell the truth, when you make any transaction you are sending it to the host with your public key because it is just like your email address. 

 

Private key is just like the password of that email you should not share it with anyone to keep your information and money safe from being stolen.

 

You can the my topic (Heavy duty encryption) to learn more about public and private keys.

  • +2 1

                                                    BetFury                                                   

🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

Share this post


Link to post
Share on other sites

I think that more or less we are all clear about what a public key consists of, the private key for me, what is really important is the private key since with this you will have your secure cryptocurrencies and you can recover your wallet in case of loss with this private key
A big greeting to the whole community

Share this post


Link to post
Share on other sites

The public keys serve so that we can re-live transactions and they are alphanumeric, we will not run risk for sharing this type of keys. Private keys and passwords play a very important role in our security and we should never share these keys with other people.

  • +3 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Я только с вами пишу ответы на посты и все. Тогда я тоже перестану писать. Не знаю, может форума возобновят, кто знает. Иногда нужно зайти и посмотреть, как дела на форуме. Конечно, дела у нас много, писать посты тоже время отнимает. 
    • Раздача еще актуальна? Или до 25-го раздавали? В группе телеграмм много еще интересного написано. Во всем принимаете участие?
    • Его не нужно скачивать. Он встроенный на бирже. Смотрите в шапке и выбирайте RoboTrade, там уже свою пару для торговли и выставляйте зазоры.    Поначалу пользовалась им. Нужно частенько поглядывать за курсом монет, чтобы не улететь как вы и сказали. 
    • Экономьте с ProxyLab!Всем, кто пользуется нашими услугами более 3 месяцев и написал отзыв оператору в ТГ - полагается скидка. Подключайтесь, экономьте и вы!🥰 Сайт🙂 Телеграм❤️ Вконтакте 🤧 Поддержка 🤩Твой промокод CRYPTO_LAB
    • ТОП-7 разлоков текущей недели        CryptoRank поделился разлоками, которые ожидают нас на этой неделе   DYDX — $70.4 млн;GAL — $39.03 млн;PORTAL — $27.26 млн;ORBR — $15.11 млн;BICO — $13.77 млн;NYM — $12.42 млн;ZEUS — $11.82 млн.     Обратите внимание, что практически все разлоки составляют более 8% от маркеткапа. Вполне возможно, что это подтолкнет курс данных токенов вниз.
    • Вот если вдруг кому нужен инвайт, т.к. мои закончились: https://t.me/BlumCryptoBot/app?startapp=ref_KYA4xLtQR5   Хотя пока не ясно, что это даст, но всякое может быть, поэтому лучше делать это простейшее действие. Сам тоже не всегда вспоминаю, но уже удалось накопить 830 BP - выполнил все задания и раз в день нажимаю кнопку.
    • Уважаемые пользователи и посетители форума, мы рады представить Вам наш обменный сервис - mchange.net! Мы предоставляем безопасные и выгодные условия обмена во всех популярных и востребованных направлениях в режиме 24/7. Обширная площадка для ввода и вывода различных криптовалют. Прием и отправка платежей по России/СНГ/ЕС.  Мы используем в работе множество известных платежных систем, среди которых являемся сертифицированными партнерами.  Проводим обмены практически моментально в любое время суток. Вежливая, круглосуточная техподдержка консультирует, помогает и сопровождает на протяжении всего процесса обмена.  Для клиентов с большими денежными объемами рассматриваются индивидуальные условия. Предлагаем гибкую систему скидок и возможность дополнительного заработка по двухуровневой реферальной программе. Контактная информация: Электронная почта: support@mchange.net Telegram: @MChange_Obmen
    • Новый рекорд установлен через три дня после халвинга биткойнов, что совпало с запуском Runes. По данным Intotheblock, еще одной важной вехой для сети Биткойна стало то, что ее ежедневные транзакции достигли пика в 927 000, превысив предыдущий рекорд в 724 000, установленный в декабре 2023 года. Запуск Runes вызвал быстрый рост, продемонстрировав растущий интерес и полезность к криптовалютам, установив новый рекордный максимум в транзакционной активности Биткойна. Руны, новый стандарт токенов в блокчейне Биткойна, доминирует в транзакциях с момента его запуска после сокращения вдвое 20 апреля, на их долю приходится более двух третей всех транзакций ВТС. При обработке более 2,38 миллиона транзакций Руны составляют 68% от общего числа.   После запуска Runes количество биткойн-транзакций резко возросло, достигнув во вторник 927 000. Это превышает предыдущий максимум в 724 тыс., установленный в декабре 2023 года pic.twitter.com/30JXbrLmdR.     Эти данные, полученные из информационной панели Dune Analytics, предоставленной исследовательской фирмой Crypto Koryo, свидетельствуют о значительном распространении и использовании Рун наряду с традиционными биткойн-транзакциями, включая обычные одноранговые транзакции, BRC-20 и порядковые номера. Самая высокая активность в Runes наблюдалась 23 апреля, превысив 750 000 транзакций. Однако на следующий день произошло значительное снижение: количество транзакций упало до 312 000, что составляет менее половины от общего числа. Эксперты отрасли, похоже, разделились во мнениях относительно того, станет ли Runes устойчивым источником дохода для майнеров биткойнов. Новый протокол, представленный создателем Ordinals Кейси Родармором, позиционируется как более эффективный способ генерации токенов в сети Биткойна по сравнению с BRC-20. Однако некоторые комментаторы, такие как Никита Жаворонков из Blockchair, раскритиковали объем блока, который занимают транзакции Runes, предполагая, что Биткойн отклонился от первоначального видения Сатоши Накамото.
    • Cryptocurrency Wallet vs. Exchange: Know the Difference with Quppy 🛡️💼 In the digital age, understanding where to store your cryptocurrency is crucial. 🌐💡 Whether it's a wallet for full control and security or an exchange for ease of trading and liquidity, each has its unique benefits. 🔒 Wallets provide personal custody, meaning you're in charge of your keys and assets. With tools like Quppy, managing various cryptocurrencies becomes streamlined and secure, offering peace of mind with enhanced privacy and ownership. 📈 Exchanges offer a platform for buying, selling, and trading with added convenience. However, they carry risks like potential hacking and less control over your funds. With Quppy, enjoy the best of both worlds! Our platform ensures secure management of your crypto assets, whether you're trading on the go or safeguarding your investments. Dive deeper into the crypto ecosystem with us and make informed decisions about your digital assets. Learn more about how Quppy can enhance your crypto experience ➡️ quppy.com
    • Здравствуйте, уважаемые пользователи!   Хотим Вас уведомить, что на сайт добавили следующие направления обмена: Cardano ADA > Tether TRC20 Tether TRC20 > Cardano ADA  
×
×
  • Create New...