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Board Beginners & Help
Re: I want to comprehend a crucial question.
by
siniminomorocomunisakito
on 12/06/2023, 12:12:42 UTC
Based on my research, I still don't grasp the following question. I would appreciate assistance in order to better comprehend it because I'm already feeling confused.

4. What distinguishes a private key from a bitcoin address?

I try to explain this point,The private key is a unique and secret code that gives ownership and control of your bitcoins. This is the password used to access and spend the bitcoins associated with the key. A bitcoin address is a public key that is generated from a private key. This address is a string of alphanumeric characters and serves as your public identity or "account number" on the Bitcoin network. You can share your bitcoin address with others to receive funds, but the private key must remain secure and must not be shared with anyone.