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Topic: Private keys - page 2. (Read 3057 times)

sr. member
Activity: 546
Merit: 257
April 08, 2017, 05:29:13 PM
#2
If you don't know what a private keys are, private keys are in the context of Bitcoin is a secret number that allows bitcoins to be spent. If you want to know more about it, here is the LINk. If you are owning a wallet on blockchain.info, you must know what a private keys are and how important it is to you. If you handed your private keys to other people, you bitcoin is good as robbed.
full member
Activity: 144
Merit: 101
April 08, 2017, 03:05:16 PM
#1
I have been exploring cryptocurrency for about 2 weeks now and I have questions about private keys. I have been reading and some people say that when someone doesn't have his private keys, it means that he does not own his coins or his coins are not in safe hands, etc. May I ask what are private keys and where can I see it? I also want to ask if what are good measures to prevent stealing of someone's coins.

Follow up question: What are these set of words that wallets give me and what are its uses? Is it good to open a safety deposit box in a bank to keep a copy of these words for whatever its use? Thank you and have a great day.
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