Understanding Public and Private Keys in Blockchain - Demo Part 2 (Hindi)

This video explains the concept of Public and Private Keys in Blockchain. It details how cryptocoins are sent to a hashed version of the Public Key during transactions.

info nodearts902 views9:11

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About this video

When someone sends you cryptocoins over the Blockchain, they are actually sending them to a hashed version of what’s known as the “Public Key”. There is another key which is hidden from them, that is known as the “Private Key.” This Private Key is used to derive the Public Key. You can know your own Private Key, and everyone else on the Blockchain knows their own Private Key, but the Private Key should not be shared with outsiders (that is, unless you want your cryptocurrencies to be stolen!). www.nodearts.com

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Views
902

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Likes
13

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Duration
9:11

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Published
Jan 11, 2018

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Quality
hd

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