Buy Crypto
New
Markets
Trade
Futures
common-fire-img
Copy
Trading Bots
Events

Can you provide an example of what a public key looks like in the realm of cryptocurrencies?

Learning SessionsJul 15, 2020 · 5 years ago3 answers

In the world of cryptocurrencies, what does a public key look like? Can you provide an example of how it is structured and what it represents?

3 answers

  • Kanha SharmaApr 16, 2024 · a year ago
    A public key in the realm of cryptocurrencies is a long string of alphanumeric characters. It is typically represented as a hexadecimal number and is derived from a private key using cryptographic algorithms. For example, a Bitcoin public key may look like this: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa. This public key is used to receive funds and verify transactions on the Bitcoin network.
  • Ashish PanwarFeb 05, 2024 · 2 years ago
    When it comes to cryptocurrencies, a public key is like your bank account number. It is a unique identifier that allows others to send you funds. In the case of Bitcoin, a public key is a 34-character string that starts with a '1' and is derived from a private key. For instance, 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa is an example of a Bitcoin public key.
  • Dion GainesApr 14, 2025 · 4 months ago
    Sure! Let me explain it to you. In the realm of cryptocurrencies, a public key is a cryptographic code that is used to receive funds. It is a long string of characters, usually represented in hexadecimal format. For example, a Bitcoin public key might look like this: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa. This public key is derived from a private key and is essential for verifying transactions and ensuring the security of the cryptocurrency network.

Top Picks