In the realm of digital assets, what does a public key typically look like?
muhammad nazirulNov 25, 2021 · 3 years ago3 answers
Can you explain what a public key is and what it typically looks like in the world of digital assets?
3 answers
- Nov 25, 2021 · 3 years agoSure! In the realm of digital assets, a public key is a unique identifier that is used to receive funds or verify ownership of a specific digital asset. It is typically a long string of alphanumeric characters, usually represented as a series of letters and numbers. For example, a Bitcoin public key starts with '1' or '3' and is followed by a string of characters. The length of a public key can vary depending on the specific cryptocurrency. It's important to keep in mind that a public key is meant to be shared with others, as it is used to generate a corresponding private key that allows the owner to access and transfer their digital assets.
- Nov 25, 2021 · 3 years agoA public key in the world of digital assets is like a unique address that you can share with others to receive funds. It's kind of like your bank account number, but for cryptocurrencies. The format of a public key can vary depending on the cryptocurrency, but it's usually a long string of random-looking characters. For example, a Bitcoin public key starts with '1' or '3' and is followed by a series of letters and numbers. So, if you want someone to send you Bitcoin, you would give them your public key so that they know where to send it.
- Nov 25, 2021 · 3 years agoWell, in the realm of digital assets, a public key is a fancy way of saying 'Hey, this is my address, send me some coins!' It's like your digital wallet's home address. A public key is usually a long string of random characters, kind of like a secret code. For example, a Bitcoin public key starts with '1' or '3' and is followed by a bunch of letters and numbers. So, if you want to receive Bitcoin, you just need to share your public key with the person who wants to send it to you. Easy peasy!
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