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Private Key
HomeGlossary TermsPrivate Key

Private Key

April 14, 2024BY Ubik Capital
122Views

In public-key cryptography (asymmetric cryptography), a private key is a specialized alphanumeric key that must remain known only to its owner. Private keys grant access to funds and are associated with a wallet address generated by public keys that can be shared with others. Public and private keys work together in a cryptographic system, using mathematical algorithms to create one-way functions.

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