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Public Key Cryptography - Computerphile
The public key is used to send cryptocurrency into a wallet. The private key is used to verify transactions and prove ownership of a blockchain. A public key allows you to receive cryptocurrency transactions. It's a cryptographic code that's paired to a private key. While anyone can send transactions to. In public-key cryptography, two keys are used, one key is used for encryption, and the other is used for decryption. 3. In private key.

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Help us improve. While they provide the basis for peer-to-peer transfer of value, crypto wallets have evolved to do much more. It is slower than a private key. Public Key Encryption.