Public key vs Private Key - Page 4 - Wallets - CryptoTalk.Org Jump to content
xBDT Script

Public key vs Private Key

Recommended Posts

public key and private key can not be as compared, inside the thread you explain the definition but within the identify the placement of the phrase vs is like comparing
your clarification it is top sir, public key or frequently we call crypto address, where we need a public key for coin transactions. non-public secret's an encrypted password to open the door to our wallet

Share this post


Link to post
Share on other sites

Wow thanks for this amazing topic as it will help most of newbies in crypto world to distinguish between these two keys, previously I was illiterally about these two things, previously I opened a crypto exchange wallet but I loose it because didn't knew what are the difference between these two things and led me to not save those private keys that's why I lost my crypto wallet 

Edited by leakydonney
Correction

Share this post


Link to post
Share on other sites

Good topic, from myself I want to say, never show your private key to anyone, otherwise you may lose all your finances, keep it in an inaccessible place.

Share this post


Link to post
Share on other sites

Public key infrastructure (PKI) is used to manage identity and security in internet communications. The core technology enabling PKI is public key cryptography, an encryption mechanism that relies upon the use of two related keys, a public key and a private key. These two keys are used together to encrypt and decrypt a message. Pairing two cryptographic keys in this manner is also known as asymmetric cryptography. Public key cryptography uses cryptographic algorithms to protect identities and data from unauthorized access or use, guarding against attacks from cybercriminals and other malicious actors.

 

the private key is a secret key known only by its owner, with the private key and public key paired such that the recipient can use the corresponding key to decrypt the cipher text and read the original message. Private keys are generated using the same algorithms that create public keys to create strong keys that are bonded mathematically

Share this post


Link to post
Share on other sites
On 10/29/2019 at 9:48 PM, xBDT Script said:

We are very well known with all these words if we are a little knowledgeable on how cryptocurrency wallet works.

let me share the basic difference between this two concept.

What we generally understand-

Public Key- Our address

Private key- Key to unlock the address

Although the meaning are close to the actual concept but it's not exact meaning.

Public Key

Public Key is a key for encryption of data. Although we used it as our receiving address, it's in reality encrypt the data from blockchain for us. It is available to everyone

Private Key

Private key help us to decrypt the data for the Public Key. It helps decryption of data which has been encrypted to the Public key. Private key is secret to the Public key holder only.

In Private key, the same key (secret key) is used for encryption and decryption. In this key is symmetric because the only key is copy or share by another party to decrypt the cipher text. It is faster than the public key cryptography.

In Public key, two keys are used one key is used for encryption and another key is used for decryption. One key (public key) is used for encrypt the plain text to convert it into cipher text and another key (private key) is used by receiver to decrypt the cipher text to read the message.

Share this post


Link to post
Share on other sites

Things we really need to know in terms of security. It was created and well thought out so that we can store these codes belonging to our wallets somewhere and use them on different devices whenever we need them. I am very happy to have this system. 
 

Share this post


Link to post
Share on other sites

I think that in all my time in this I had never thought about the difference between both keys, I had the idea only but it is good to clarify the terms ... I have my keys stored in a cloud, as well as in some chats of my social networks by chance

Share this post


Link to post
Share on other sites

I don't know too much about that.

But In my understand is

Public Key is almost like your address.

Private key is your wallet key to unlock your wallet and your wallet.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites
On 10/5/2020 at 10:43 AM, Solomoncaesar said:

I hate private keys.

You are getting this wrong, with SK ever reason, nobody can hate private key, but if you do, that mean you will have to leave cryptocurrencies  and never buy one. 

18 minutes ago, DanielJay said:

I don't know too much about that.

But In my understand is

Public Key is almost like your address.

Private key is your wallet key to unlock your wallet and your wallet.

Public keys are not addresses, addresses are generated from public keys. There is one called master public key that generate as many as possible addresses that can be used for transactions. 

  • +1 1

Share this post


Link to post
Share on other sites

I agree with you on this in my opinion that
Public key
It is the key to encrypt the data. Even though we used it as our receiving address, it actually encrypts data from the blockchain as it is available to everyone.
The key is confidential
The private key helps us decrypt the data for the public key. Helps decrypt data that has been encrypted into the public key. The private key is only the secret of the owner of the public key.

Share this post


Link to post
Share on other sites

the public key can only encrypt.  The private key can decrypt or do both, although the latter is not so important.  The recipient's public key is received and with it encrypts the information that will be sent.  Once encrypted, the information cannot be viewed.  When sending it, in an email for example, the recipient receives it and decrypts it with their private key.  That is why keys allow users to authenticate against other users and use the information from identity certificates (for example, the public keys of other users) to encrypt and decrypt messages, digitally sign information, guarantee non-repudiation.  of a shipment, and other uses.  It will depend in an important part, how the private keys are stored, since there are special devices called security tokens to facilitate the security of the private key, as well as to prevent it from being exported.  These devices can incorporate biometric measures, such as fingerprint verification, which allow increasing reliability, within technological limitations, in which only the person who owns the certificate can use it.

Share this post


Link to post
Share on other sites

Private Key: In Private key, the same key (secret key) is used for encryption and decryption. In this key is symmetric because the only key is copy or share by another party to decrypt the cipher text. It is faster than the public key cryptography.

Public Key: In Public key, two keys are used one key is used for encryption and another key is used for decryption. One key (public key) is used for encrypt the plain text to convert it into cipher text and another key (private key) is used by receiver to decrypt the cipher text to read the message.

Share this post


Link to post
Share on other sites

Any one can see the condition or properties of the public key but only the owner can access the public with the private key. private key is a secured key which is very much important for a crypto trader.

  • +1 1

Share this post


Link to post
Share on other sites
On 10/2/2020 at 6:39 PM, vitalinho said:

interesting topic, i use a private key because on my opinion its more secured key. cause scammers can expose you by using public key

Private key is very important, and if attackers know your private key, that means he will be able to steal all your coins stored on the private key. Also, if attacker knows your public key, he will only be able to see all your transactions on blockchain ledger and reduce privacy. 

  • +1 1

Share this post


Link to post
Share on other sites

There will be a little difference between the private keys and public keys. 

Public keys are used as our receiving address. It's in reality the encrypte data from the blockchain while private keys are used for decrypte data which has been  the encrypted from the public keys. 

Share this post


Link to post
Share on other sites

Yes it's an amazing concept of this and those keys are in for users help and you said very correctly public key vs private key this is how we can knowledge about that how is the main reason to challenge between them

  • -5 1

Share this post


Link to post
Share on other sites

Private key is used to both encrypt and decrypt the data and is shared between the sender and receiver of encrypted data. The public key is only used to encrypt data and to decrypt the data, the private key is used and is shared. 

  • -5 1

Share this post


Link to post
Share on other sites
On 11/30/2020 at 5:58 AM, Fahmida 2020 said:

There are big difference between public key and private key.

Private key is very important for us. We should never share our private key with anyone. This is our account main security option. On the other hand, public key is not much important.

His is public key not important, what generate your address, is it not public key, without public key, no address can be generated, it is also very important as it is link to a key that can be used to track all your funds on blockchain but private key is for unlocking the coins. 

  • +2 1

Share this post


Link to post
Share on other sites
12 hours ago, JanBomCrypto said:

His is public key not important, what generate your address, is it not public key, without public key, no address can be generated, it is also very important as it is link to a key that can be used to track all your funds on blockchain but private key is for unlocking the coins. 

@JanBomCrypto Private keys are important to unlock while public key is used to track, you are right. The private key unlock the bitcoin stored on blockchain. 

 

5 minutes ago, Arshadhanif said:

Private key can share some things but public key can not share some things people people perfer private key but private key is popular many people use the  private key i like the  private key

@Arshadhanif If you do not know what to comment about here, you can go to other sections to make comment rather than posting rubbish. 

  • +2 1
  • +5 1

Share this post


Link to post
Share on other sites
1 hour ago, Muhammad Hussain said:

public key and private key are the two different keys.. public key is for over the world but private key is for special person 

 

Private key is most important and very save as crypto wallet

 

Private key are not for any special person, private key are for those that use noncustodial wallets.

Private key is not to be compared to wallet because it is wallet that generates it. 

  • +1 1

Share this post


Link to post
Share on other sites
On 11/19/2019 at 5:32 PM, Aceventura said:

I'd like to add few more points. Public keys work in a similar way to your email address. When someone wants to send you cryptocurrency, they will send it to your public key. But Private keys are totally different thing. If your public keys are like an email address, then your private keys are like the password.

Indeed, dear friend, I totally agree with the answer you provide to this publication since the exclusion public key was email and the private key as if it were the very important password to save the private key since without it I would lose all cryptocurrencies

Share this post


Link to post
Share on other sites

thanks for sharing this great piece of information this is very helpful and it helps people understand more how things actually works so that everybody can have more knowledge about cryptocurrencies and wallets

  • -5 1
  • +1 1

Share this post


Link to post
Share on other sites

You can know public key by using private key. You cannot find private key by using public key. I am used trusted and safety exchange and I don't like fake exchange. Private key only for you and public key for everyone's.

  • -5 1
  • -1 1

Share this post


Link to post
Share on other sites

Public key is something that allows you to share your data with someone else as basically a cryptocurrency address that you give as withdrawal or deposit to some exchange.

 

Private key is the credential you use to acquire your private wallet data as all public keys stores in it (addresses), your investments and funds as well as transactional historical data that is not shared to anyone else except the owner of that private key = yourself.


The Best Auto Faucet with levels - Highest Paying:

https://firefaucet.win/

The Best Auto Faucets with no minimum withdraw amount to ExpressCrypto!

https://autofaucet.dutchycorp.space/ | https://autofaucet.org/   |   https://autoclaim.in/   |   https://autobitco.in/

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

    • Там то и тыкать не особо нужно, включил и пускай фармит. Это в других тапалках (и то не во всех) нужно каждый раз тыкать, тут почти пассив 😉
    • Полиция Южной Кореи раскрыла крупную группу криптомошенников   Южнокорейские полицейские арестовали 19 человек, которые выступали участниками мошеннической группы, действующей в социальных сетях. По данным властей, задержанные управляли открытым чатом, через который обманули сотни криптовалютных инвесторов.   Изначально мошенники предлагали пользователям чата законные способы вложений в цифровые активы, используя их некоторые инвесторы даже смогли получить прибыль. Такие действия преступников должны были усыпить бдительность, чтобы в дальнейшем люди без раздумий инвестировали в незарегистрированные криптовалюты. Когда инвесторы поняли, что их обманули, они потребовали вернуть деньги, но мошенники к тому времени уже заблокировали доступ к чату.   В результате расследования правоохранители выяснили, что в сети мошенников попали 308 человек, которые в общей сложности лишились примерно $19 млн.   По данным полицейского управления Южной Кореи, ещё как минимум шесть преступников находятся на свободе, скрываясь в других странах. Интерпол уже получил «красные уведомления», предписывающие арестовать их. Все участники мошеннического чата были завербованы главарём, чьё имя пока не раскрывается. Он помогал им незаконно въезжать в страну, а затем забирал у этих людей паспорта и мобильные телефоны, чтобы принудить к сотрудничеству. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2425428
    • Даа, лучше поздно, чем никогда. Все таки будем вернуть свои ошибки, когда альты тоже будут расти. Но биткоин пока уверенно себя ведёт, я уверен что до конца года дойдет хотя бы до 90к. Эти альты меня так пугали, что с очень осторожностью покупаю их. 
    • Добрый вечер, уважаемые пользователи! Мы работаем ежедневно с 10:00 до 22:00 (МСК)  - Дорогие друзья, напоминаем Вам про #Акцию, дарим бесплатные AML проверки, для этого нужно обратиться в Telegram с сообщением "бесплатная AML проверка". Желаем Всем тем, кто работает - прибыльного и продуктивного дня. А тем, кто не работает - хороших выходных.
    • Залетаем в топовый кликер — Hamster Kombat          Hamster Kombat — игра-кликер, крайне похожая на Notcoin, однако имеющая одно важно отличие: возможность пассивного майнинга!Суть игры в том, что мы становимся CEO криптобиржи, задачей которого является её улучшение и продвижения, благодаря покупке и апдейтам карточек.Проект заключил партнерские отношения с KicksPad, а BingX подтвердила листинг токена игры на бирже.Что делаем?   Заходим в игру по ссылке;   Прокачиваем свой пассивный доход, собираем ежедневки;   Ждём листинг.   Все очень просто, как это и устроено в кликерах. Кто еще не участвует, это ваш шанс получить свою частичку аирдропа.
    • Времени это много не занимает, да и не сложно совсем. Предугадать что из этого выйдет в итоге сложно, но по крайней мере Blum вышли в финал 7-го сезона MVB от Binance Labs (писал об этом в стартовом посте), так что если выиграют и их выберут для инвестиций, то может "выстрелить" 👀
    • Да, тут не попробуешь - не узнаешь. 😎 Проект и правда выглядит неплохо, вполне может оказаться что-то стоящее. Пока идет только 2-ая неделя тестнета, впереди еще 6 - посмотрим что и как выйдет в итоге.
    • Мы рады сообщить, что сервис Sharky добавлен на мониторинг BestExchangers Приглашаем вас поделиться опытом сотрудничества и оставить отзывы, если вы уже находитесь в числе наших клиентов.
    • Основатель MicroStrategy Майкл Сэйлор изменил свое мнение в отношении биржевых фондов (ETF) на основе эфира, утверждая, что недавнее одобрение регулятором США является только хорошей новостью для биткойнов ( BTC ). «Хорошо ли это для Биткойна или нет? Да, я думаю, что это хорошо для Биткойна, на самом деле, я думаю, что это может быть лучше для Биткойна, потому что я думаю, что мы политически гораздо более влиятельны, поддерживаемые всей криптоиндустрией», — сказал Сэйлор подкастеру Биткойн Питеру МакКормаку в эпизоде шоу от 25 мая. Подкаст «Что сделал биткойн». «Это служит еще одной линией защиты Биткойна», — сказал он после новостей о том, что Комиссия по ценным бумагам и биржам США (SEC) одобрила листинг восьми спотовых ETF на их соответствующих биржах 23 мая. Сэйлор повторил, что это «ускорит институциональное внедрение», поскольку ранее настороженные инвесторы теперь признают криптовалюту законным классом активов . Кроме того, Сэйлор объяснил, что они будут распределять капитал между различными криптоактивами, но Биткойн по-прежнему будет получать большую часть выделенного капитала как «лидер» отрасли. «Я думаю, что основные инвесторы скажут: «О, теперь есть класс криптоактивов, возможно, мы выделим 5% или 10% этому классу криптоактивов, но Биткойн будет составлять 60% или 70% от этого», — заявил он. Майкл Сэйлор разговаривает с ведущим Питером МакКормаком в подкасте What Bitcoin Did. Источник: YouTube/Что сделал Биткойн Сэйлор признал, что его мнение изменилось в отношении спотовых ETF ETF, поскольку ранее у него сложилось впечатление, что вероятность одобрения SEC невелика. «Две недели назад мир выглядел так, будто Биткойн будет единственным активом, секьюритизированным и предлагаемым в качестве спотового ETF истеблишментом Уолл-стрит, и он будет распространяться как единственный законный криптоактив», — объяснил он.
    • ♦️Пepeвoды биткoинoв чepeз блoкчeйн cтaли бoлee дocтупными, нeжeли в пepиoд c нoябpя 202З гoдa, o чём cвидeтeльcтвуют дaнныe bitinfocharts.com. 🔻B нacтoящee вpeмя cpeдняя кoмиccия зa oдну тpaнзaкцию cocтaвляeт 0,000041 BTC или $2,77. Meдиaннoe знaчeниe кoмиccии в блoкчeйнe биткoинa paвнo 0,00002 BTC или $1,З4. Coглacнo пoкaзaтeлям mempool.space, пpи пepeдaчe цифpoвыx aктивoв пoльзoвaтeли плaтят oт 4 дo 10 caтoши зa виpтуaльный бaйт (sat/vB). 🚩Peчь идёт o тpaнзaкцияx c низким и выcoким пpиopитeтoм в диaпaзoнe oт $0,З8 дo $0,95. Cтaтиcтикa пoкaзывaeт, чтo мeжду блoкaми 844 660 и 844 828, тo ecть нa пpoтяжeнии пpимepнo 168 блoкoв, cpeдний зapaбoтoк биткoин-мaйнepa, пoлучaeмый в видe вoзнaгpaждeний зa блoк и кoмиccий зa тpaнзaкции, cocтaвлял З,З022 BTC. источник:https://happycoin.club/komissii-v-seti-bitkoina-snizilis-do-shestimesyachnogo-minimuma/ ——————————————————— ОБМЕНЯТЬ  / ПОМОЩЬ  / БОНУСЫ  / ОТЗЫВЫ
×
×
  • Create New...