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Topic: Private key? Please look. (Read 435 times)

legendary
Activity: 1736
Merit: 1023
April 10, 2017, 11:29:35 PM
#4
A private key allows you to spend the value within a public address. If someone else gets access to your private key, they can spend the coins in your funds. It can be compared to your password to your bitcoin address in laymen terms.

You can import private keys into most wallets such as Electrum and then you will have access to all funds on that address.
sr. member
Activity: 280
Merit: 250
🌟-=BitCAD=-🌟 New_Business_Era
April 10, 2017, 11:29:27 PM
#3
Okay I can't seem to find what a private key truely is, and it's purpose.
I have a private key that  is linked to a transaction that is messed up and I would like to take my money back if at all possible
how do I do so?
If that is not the purpose of the private key please explain.
You can't take back your Bitcoin you cant refund it but you can ask the wallet address owner to take back it by sending him/her a small amount with a message.
x4
hero member
Activity: 1106
Merit: 508
April 10, 2017, 10:25:40 PM
#2
Okay I can't seem to find what a private key truely is, and it's purpose.
I have a private key that  is linked to a transaction that is messed up and I would like to take my money back if at all possible
how do I do so?
If that is not the purpose of the private key please explain.
What wallet service are you using? If web wallet then there's a low chance that you can access your private key. In every wallet there is a public key and private key, you only own a wallet address if you have the access on the private key of a particular wallet address/es. And the public key is the one you have to share with others in order to receive bitcoin.
Try to read what is inside https://en.bitcoin.it/wiki/Private_key.
newbie
Activity: 2
Merit: 0
April 10, 2017, 10:08:49 PM
#1
Okay I can't seem to find what a private key truely is, and it's purpose.
I have a private key that  is linked to a transaction that is messed up and I would like to take my money back if at all possible
how do I do so?
If that is not the purpose of the private key please explain.
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