What is Public Key Crypto, Definition
Public Key is Your Cryptocurrency wallet address, similar to a bank account number. Sharing your public wallet key allows for people and institutions to send you money.in other word, Public Key Helps Cryptocurrency Investor to transact Easily world wild from one to another 24/7.
What is the Purpose of Public Keys?
The main purpose of public key is to facilitate Cryptocurrency investor to send digital assets 24/7 world wild, meaning public key is like digital identification or digital address that helps one investor to transacts digitally easily with other in the world.
Main Types of Publics Key
According to our research, public key is categorized by two main types that operate world wild, bellow is the two types of public key:
- Public Key Symmetric
- Asymmetric Public key
Public Key Symmetric
using symmetric public Key, simply occur when the blockchain or [programmer] provide a single key for investor to view and read the message.
Public Key Asymmetric
Using Asymmetric public Key simply occur when the blockchain or [programmer] provide two keys for investor to view and read the message.
How Does Encryption Works for Public Key?
we will try to break Down much possible how Cryptocurrency private Key operation process occur,but always do your research.
in order for public key to become readable by investor, systematically the Public Key going to these step listed bellow.
- public keys generate key pairs for creation of file
- Extractions of the public key
- Exchange of public Key
- transact the public key
- decryption of public key
What is the Advantage of Public Key?
The main Advantage of public key is security, meaning cryptocurrency investor can easily encrypted code without establish or exchange key
Easily allow receiver to verify the integrity of the data without sharing private key to the sender
self-management for all investor
What is disadvantage of Using Public Key
the main disadvantage of public key crypto is potential of direct compromise and speed difficulty
the second disadvantage of public key is vulnerability of being intercepted by hacker or third party when it shares to unsecured Conexion.
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