PUBLIC and PRIVATE KEYS
Terms and keywords
A public key that is used to receive cryptocurrencies.
An encryption method that uses a public key for encryption and a private key for decryption.
A unique identifier created through the use of a private key that is used to verify the authenticity of a transaction.
The process of converting data into a secure code to prevent unauthorized access.
A unique set of public and private keys that are used to access and manage cryptocurrency assets.
A secure storage location for private keys.
A cryptographic key that is publicly available and used to encrypt messages or verify digital signatures.
A cryptographic key that is kept secret and used to decrypt messages or sign digital transactions.
A system for the secure exchange of digital messages, using public and private keys for encryption and decryption.
A series of words used to recover a wallet’s private key, also known as a recovery phrase.
The process of checking the authenticity of a digital signature by using the corresponding public key.
A security measure that requires a user to provide two forms of identification, such as a password and a fingerprint.
An extended public key that is used in hierarchical deterministic (HD) wallets to generate child keys.
A list of approved addresses or transactions that are permitted to access a network or platform.