What Are Private Keys? Secret Codes to Spend Bitcoin
Private keys are secret cryptographic codes that control bitcoin ownership. They sign transactions, proving authority to spend coins; lose the key and you lose access to the associated funds.
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Private keys are secret cryptographic codes that control bitcoin ownership. They sign transactions, proving authority to spend coins; lose the key and you lose access to the associated funds.
bitcoin’s protocol is cryptographically robust and blockchain consensus prevents double-spending. True security depends on protecting private keys: loss or theft hands attackers full control of funds.