BLOCKCHAIN DICTIONARY

Public Key

July 9, 2020
Definition

A public tool used to access cryptocurrency, like an account number. Users need both a public and private key access to their cryptocurrency.

Did you know?

Public keys are generated through an algebraic transformation of the user’s private key. Public keys are then shortened by using a hash function to create the user’s cryptocurrency address that is visible to everyone.

SB-smashingblox-logo

BLOCKCHAIN ENABLE YOUR BUSINESS TODAY.

CONTACT US