Crypto key

Crypto wallets store your private crypto keys and provide access to the blockchain or crypto-related services. Private keys crypto Picture your public key as the mailbox of your digital world, where you receive cryptocurrency. Your private key, on the other hand, acts as the key to verify transactions and prove you're the rightful owner of a blockchain address.

 On the other hand, the public key is published by the user and will be used by other users to verify that a message signed with a specific signature is valid (that the user signed it). A public key can also be used to encrypt a message that we want to be opened only by someone specific. So, if Alice wants to send an encrypted message to Bob, she will encrypt the message with her private key and Bob’s public key. Then Bob will be able to open (decrypt) the message with his private key and verify that the message was written by Alice using her public key. Private key, Public Key and Address Cryptographic keys come in two fundamental types, symmetric and asymmetric, and have various properties such as length and crypto-period that depend on their intended function. However, regardless of their properties and intended functions, all keys should be properly managed using encryption key management solutions throughout their life to avoid the risk of misuse (e.g. using a key for the wrong purpose or for two different purposes) or compromise.