- Andre
Private Key & Public Key
1. One is shared, one is NOT
Think of your Private Key as a PASSWORD that you do not want to share. Think of your Public Key as your email address, it can be shared and people can send to it (instead of email, crypto!)
2. Private Key/Seed Phrase
Don’t ever share this with anyone, not even your mommy, and store this information offline like a cold wallet, or even on paper in a safe.
3. Speed
Private Keys have a quicker mechanism, whereas Public Keys are slower.
4. Cryptography Category
Private Key is used for symmetric cryptography whereas Public Keys are used for asymmetric.