One thought on “What is the difference between private and public keys?

  1. Arti says:

    A mnemonic phrase is a private key in a alternative form: A mnemonic phrase is a private key in a alternative form: A mnemonic phrase is a private key in a alternative form: A mnemonic phrase is a private key in a alternative form: But the truth is most users don’t need any of this detail to know the fundamentals of how keys work in Bitcoin. But the truth is most users don’t need any of this detail to know the fundamentals of how keys work in Bitcoin. People can over-complicate explanations by trying to explain digital signatures, signing transactions, and wallet import formats. The private is generated from a part of the software that is specially designed to be able to handle big numbers and generate them at random. The bitcoin wallet software generates the users’ wallet file, addresses, and keys. The private key is a randomly generated number plotted on the curve, and the corresponding public key is a related point on that curve. These two keys (or numbers) are related mathematically on the secp256k1 elliptic curve.

Leave a Reply

Your email address will not be published. Required fields are marked *