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$0.00001421
-3.81%

Public Key

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Table of contents
    1. 0.2. How Public Keys Work
    2. 0.4. Why Public Keys Are Important

A Public Key is a cryptographic key that can be shared publicly to receive transactions, verify digital signatures, and establish secure communications in a blockchain network.

How Public Keys Work

In asymmetric cryptography, a public key is paired with a private key. The public key allows anyone to send transactions to its associated address, while the private key is used to sign transactions and prove ownership. Public keys are integral to blockchain addresses, ensuring secure, transparent, and trustless interactions between users.

Why Public Keys Are Important

Public keys are crucial for maintaining privacy and security on blockchain networks. They enable users to interact with the blockchain without exposing their private keys, protecting against unauthorized access and ensuring the integrity of digital transactions.