The difference between private key and a public key

[Android 123 17]

First of all I thank you for posting such a good informative post. We know that we should always keep our wallet secure. For that we should use private key. For public transaction details you can use public key. But as an individual private key has more important than public key. You should always keep an eye on your visit and make sure that your wallet secure.

[Mufri Jifri 62]

Hello mate, thanks for sharing this kind of very useful comment. I feel it very useful because cryptotalk is my introduction to cryptoworld. And I feel good, also I need to be aware for my privacy. And it was very good topic for everyone. I'm recommending every newbies to read this one. Also I'm hoping more topics like this from you.

[Ashii 258]

Thanks for providing that precious information as it is much helpful for new members like me. Keep sharing such information as it will be a source of guidance for new ones on this platform. Everyone should take into consideration this advice in order to keep their income secure.

[ltml 16]

The public key is the wallet address used as the receiving address, the secret key is used to recover the wallet when you lose your account or forget your password, so you must not lose it.

[Malekmicomico1 2]

As for the private key, it is the password
 for the email, which is the public key that
 all people know. This is a useful brief 
definition, so we must, as a piece of advice
 from me, keep the secret key very carefully
 because the goal of every hacker who steals
 your account is to write it in a booklet 
aside and not to store it in
 Phone or computer

 

On 12/4/2020 at 9:45 PM, Michar1 said:

How about colleagues, once again here, this time I would like to get your most sincere criticisms about the Defi issue.
Throughout these months, the importance of investing in defi currencies has been heard a lot, I have been researching a little about which currency to invest, and I have come to a conclusion that there are many opportunities from which you can choose, but from which I consider more appropriate would be some of the following:

 

• Chainlink
• Aave
• Compound
• Uniswap

The last one I consider a great opportunity since I have investigated and it comes from an exchange, and within there different investment pools are maintained, it is just beginning and has already taken the strength to be within the first 10 according to coinmarketcap.

 

But tell me what you think, about investments in defi, do you think it is profitable? Or will it just be something momentary and go out of style.
If this publication has been helpful or you liked, I invite you to give me a like, or better give me a rating, remember that with this you support me a lot in addition to your comment is very important.

 

All the information in this publication is from a personal investigation, always remember to carry out an individual analysis or investigation.

 

[Isbal 47]

The public key is just like your address you use to access your wallets and block chain and with your public key your account can be created but you won't be able to make transaction without the use of private keys. Private keys are just like our password and other security questions which we will need to keep personal to ourselves 

[Elibake64 162]

I don't really have  much to say  about this particular topic. Thanks to senior members anyway

[rmdanabogfr123a 26]

Make your wallet private for you alone, no one interferes with it and make it difficult to access the Nile, and do not give anyone any information about your wallet, otherwise you will lose all that you have and your trouble will be lost here. Thank you.

[Johnii 256]

Yes we should never tell about private key. We should secure our private key. And our private keys should be unique so that it becomes more secure.

Edited February 16, 2021 by Johnii

[Amily john 73]

Dear friend we should always use private key as compare to public key because private key is secure than the public key .So dear friend you have shared a lot of information through your single posts .So thank you so much .

[Rolasa 101]

The public keys are like your address that enables us and helps us to receive money. The private key is like a password for us to be able to open our wallet and get the money. Thank you very much. We understood this idea smoothly and clearly, and we must make all arrangements to maintain the privacy and protection of our keys

[md.nayem01 0]

I work by investing. We make good income by investing. We collect different tokens and sell them if prices go up. BTC is the most popular currency. BTC LTC, ETH are the ones everyone likes when they work on crypto currencies

[Stiffen white 827]

You make a good post and usefull for this forum.  Public key can seen any one but private key is the only which you knonly and consider your privacy.  But it would good to you make both safe and don't lose any privacy about key. Make strong password and unique with this you can minimize chance of hacking. But both are usefull.

[kaliphatesani 111]

I think they are understood right from the names. Private keys are supposed to be kept private while the private keys are used to make transactions. It's a very simple concept. Don't ever let any one have access to your private key as it might translate into something great.

[M noman iqbal 428]

Thanks for this great infor it's so helpful to beginners and its true we should not share our private keys to anyone even our best friends because no one can be trusted with cryptocurrency.

[Merry Cherry 670]

Privacy is one of the important thing we should do. If we will have privacy it means we are secure no one can harm us if its public its definitely harm us and will not good for us.

[Aliakhan 60]

Off course is a private thing that you do for your personal use which is a river of your dream success nerve And there is a daughter-in-law of the public, which you can share with others, which is not private to you, everyone can use it and they can get any other formations. These are for your wallets that you can change your cruncy.

[Furkan Zengin 62]

If you forget or lose the private key, you are devastated ... There are people who have forgotten the private key and cannot reach hundreds of Bitcoins. It should be noted carefully.

[Yashfa 567 154]

Thanks for sharing your knowledge about private key and public key. Your post is quite helpful for all of us because everyone in this era deals with digital currency and in this regard, we need a wallet and that wallet uses private keys to protect our assets. These keys are kept hidden from others for safety. 

[Marry David 18]

You explained the difference between public and private key in an easier way. From words it is clear that private key is a personal key which you have no need to share with someone else. Whereas public key is shared in order to perform transaction.

[Faisal khan05123 12]

The public key is used to encrypt and a private key is used decrypt the data. ...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.

[LOLIA NAHHAS 339]

Yes, I think that this information is the common denominator for anyone who owns a wallet, and I have heard of many theft operations that occurred only because of the lack of experience of the owners of the portfolios and giving their private number to other people.

[S_Robat 88]

The debt of gratitude is there for this clarity, yet it is necessary for both of them to have a wallet, as I think you will hack the possibility of losing them or someone else.Public key is used to encrypt data while private key is used to decrypt data.  You can retrieve your public key from private key but not private key from public key...

[Osakha3 71]

Yes, I think both the private key and the public key are insufficient in our account when we lose the private key the password is we never access our account and we lose all our coins where we store these 4 million bitcoins in the wallet and  We don't recover these coins so we have to think about what is important.

[Naylor89 1223]

The private key is the most important code in the cryptocurrency world because it will protect you from hackers and other people to steal your money and leaking it  and anyone who owns it can use your encrypted property. The public key is created from the private key.