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Yomose

Difference between Public key and Addresses?

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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.

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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. 

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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.

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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.

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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.

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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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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.

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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

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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.

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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

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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

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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. 

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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

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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.

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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

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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.

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