Ninjastic
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Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread)
by
freebit13
on 12/04/2014, 07:25:30 UTC
Quote from: Luke-Jr on April 12, 2014, 03:58:46 AM
Quote from: lightfoot on April 12, 2014, 02:46:33 AM
Quote from: wizkid057 on April 12, 2014, 01:12:54 AM
Sure, I'll engrave it for you.  Send over the private key plus costs. Tongue  Cool
Actually the private key without the public is worthless, correct? As long as he keeps the public key on another plate he should be safe.
You can calculate the public key from the private key.
Yep, the public key is encoded in the private key, you hand out the private key and you're in trouble  Wink

https://en.bitcoin.it/wiki/Private_key
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The private key is mathematically related to the Bitcoin address, and is designed so that the Bitcoin address can be calculated from the private key, but importantly, the same cannot be done in reverse.