Published On Sep 21, 2022
If you own cryptocurrency, you most likely have a wallet where you keep your coins. However, these cryptocurrency wallets do not contain any actual cryptocurrency. Instead, they contain two kinds of keys: private and public keys.
A public key is used to send cryptocurrency into a wallet while a private key is what verifies those transactions and proves the ownership rights to a specific wallet address.
But is there all that is to know about these two keys?
Check out this video to understand the main differences between these two keys and their respective role in your day-to-day crypto transactions!
Timestamps:
00:00 Intro
00:16 Definitions of Public Key and Private Key
00:46 Differences between Public Key vs Private Key
01:38 Respective roles in crypto transactions
02:33 Tips to secure your wallet
02:51 Outro
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