What is a Bitcoin Public Key (Is a Bitcoin Public Key Public?)
A Bitcoin public key is generated by cryptography experts, software designers, a
A Bitcoin public key is generated by cryptography experts, software designers, and computer scientists Cobra in 2008. It is a secure and encrypted security key that can be used to send, receive, and store Bitcoins and other digital currencies. The function of a Bitcoin public key is to ensure the integrity of a signature by hashing the Bitcoin wallet address (including ownership information). When used, this string can be viewed or decoded by anyone. What happens when a user transfers funds to one of these accounts? It depends on the identity of the account holder.
Is a Bitcoin Public Key Public?
According to CCN news, the CEO of cryptocurrency exchange Kraken mentioned in an interview with Bloomberg, “Is a Bitcoin public key public?” This means that it doesn’t have any privacy. He points out, “If you want to know what is secret or what information is public, you need to find a secure place.” He also explains, “We can’t use anonymous technology to protect your wallet address and password. Therefore, if someone tries to leak your private data (including transaction records) to others, they can reveal your key to your friends or colleagues.”
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