Cryptocurrency Q&A
What is the private key of a Bitcoin address?
What is the private key of a Bitcoin address?
EthereumEmpire
Wed Nov 27 2024
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7 answers
2172
I'm curious about the concept of a private key related to a Bitcoin address. Could someone explain what it is in the context of Bitcoin transactions and security?
7 answers
Giulia
Fri Nov 29 2024
Private and Public Keys play a crucial role in cryptocurrency transactions.
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Raffaele
Thu Nov 28 2024
The public key (K) serves as a basis for creating a unique bitcoin address.
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KimchiQueenCharm
Thu Nov 28 2024
The private key (k) is essentially a randomly selected number.
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CryptoLegend
Thu Nov 28 2024
This private key undergoes a process known as elliptic curve multiplication.
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Michele
Thu Nov 28 2024
To generate the Bitcoin address (A), a one-way cryptographic hash function is applied to the public key.
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