I am a developer. these days we are going to jump into Crypto well. So i have read lots of blog online how Crypto currencies works. But i am little confused for the private key.
1) Where it is stored in decentralised ledger.
2) How it is validated while sending payment to any other key.
guys please help me to under the concept of private key.
If easy to say: Private key is individual password for access your bitcoin.
Private key not stored.. generated only one time for one public wallet (address wallet).
All details you can read on
https://en.bitcoin.it/You mean private key is not part of block chain blocks. Private key is a part of wallet which are using to store bitcoin by us. Then how we can validate particular transaction comes form which wallet.Is it possible to transfer one wallet btc to different wallet btc like we can say coinbase to blockchain wallet?