Public Key

Published on
October 11, 2024
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What is a Public Key? 

A public key is an alphanumeric string derived from a private key through cryptographic algorithms. It serves as an address where others can send cryptocurrencies but does not provide access without the corresponding private key.

Users can share their public keys without compromising their security since they don't provide access without the private key.

How to use the term?

You might say: "To receive Bitcoin, simply share your public key with the sender."

Disclaimer:
It is highly recommended to conduct thorough research prior to making any financial decisions. Please note that this article's purpose is solely for educational purposes and the author and the organization, M2, do not influence the reader's investment or trading choices.