I'm trying to understand the concept of
Bitcoin and I've come across the term 'public key'. Could someone explain what the public key of Bitcoin is and how it works within the cryptocurrency system?
7 answers
Bianca
Wed Dec 25 2024
The private key acts as a digital signature, verifying ownership of the cryptocurrency.
alexander_rose_writer
Wed Dec 25 2024
A public key serves as a vital component in receiving cryptocurrency transactions.
Lorenzo
Wed Dec 25 2024
This cryptographic code is intricately linked to a private key, creating a secure pair.
Pietro
Wed Dec 25 2024
The public key is designed to be accessible to anyone who wishes to send funds.
DiamondStorm
Wed Dec 25 2024
However, accessing the funds requires the corresponding private key.