What are public and private keys?

Your blockchain wallet has a “private key” and a “public key.”

You shouldn’t show or reveal the private key to anyone because it gives access to your coins.

Meanwhile, the seed (recovery) phrase generated when you create a wallet is a “human-readable” version of your private key, which can be used to recover your private key.

The public key, however, can be shown to anyone.

Moreover, your public key is your wallet’s address, where coins are sent to you.

In simple terms:

The private key is the key that gives you access to your coins; the public key is the code used to receive cryptocurrency at your address.What are public and private keys?

Your blockchain wallet has a “private key” and a “public key.”

You shouldn’t show or reveal the private key to anyone because it gives access to your coins.

Meanwhile, the seed (recovery) phrase generated when you create a wallet is a “human-readable” version of your private key, which can be used to recover your private key.

The public key, however, can be shown to anyone.

Moreover, your public key is your wallet’s address, where coins are sent to you.

In simple terms:

The private key is the key that gives you access to your coins; the public key is the code used to receive cryptocurrency at your address.