Lightcoin key

1. In order to make it easier for new people to understand, sister coin will use some metaphors. Although she is not strict, she will understand better
the private key is like your bank card password
the address of bitcoin wallet is like your bank card
as long as you have the bank card and password, anyone can withdraw money from ATM
the address of bitcoin wallet is public, which means that everyone else has your bank card, so your bank card password (private key) becomes very important at this time
once your key is disclosed, others can transfer your bitcoin

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2. Bitcoin is an electronic coin proced by open source P2P software. Digital coin is a kind of network virtual asset. Bitcoin is also paraphrased as "bitcoin.". Bitcoin is based on a set of cipher codes and generated by complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery.

3.

The private key of bitcoin wallet cannot be viewed online. Bitcoin exists on the platform. To download core or classic is the real wallet, and then you can view it

[description of private key of bitcoin wallet]:

1. Wallet encryption refers to automatically encrypting and storing the wallet with private key. The official bitcoin client supports wallet encryption since version 0.4.0. The encrypted wallet will prompt you to enter your password every time you pay. If the password is wrong, the client will refuse to pay

2. If you replace it with the earliest backup wallet (wallet. DAT), you can still trade normally. Considering the principle of bitcoin, it can be concluded that as long as there is a private key (wallet), you can prove that you are the legitimate owner of the wallet. No matter whether you encrypt or delete the wallet (the core is the private key corresponding to an address), you can't deny it

3. When backing up the bitcoin wallet, you should also pay attention to the existence of bitcoin payment change mechanism (for example, if you send 50 BTC in a complete 100 BTC to an address, the system will send 50 BTC to the other party's address, and return 50 BTC to a new address of your client, which will not be directly displayed in your address list)

4. After sending bitcoin to other addresses 100 times or using 100 different addresses to receive bitcoin, please back up your wallet again, otherwise the returned and received bitcoin will be lost forever. In addition to encrypting wallets, users can also generate offline paper wallets and brain wallets

4. The private key is a confidential block of data that, through an encrypted signature, proves that you have the right to spend bitcoin from a specific bitcoin address. Each bitcoin address has its own unique private key. If you are using wallet software, your private key is stored in your computer; If you are using an online wallet, your private key is stored on a remote server; The private key can't be disclosed, because with it, you can spend the bitcoin in its corresponding bitcoin address--- Token network forum.

5. Public private key is peer-to-peer encryption. You can see RSA encryption

only the private key can decrypt the content encrypted by the private key
only the public key can decrypt the content encrypted by the private key
here, the public key is your bitcoin ID, and the private key is your wallet

when using bitcoin, you should take care of your wallet, and you'd better encrypt it with a password, You can use your bitcoin

there are many bitcoin trading platforms on the Internet, and you can find a lot of them by Google search
generally, you need to mine bitcoin, and there are also mining platforms on the Internet, but now the income is low, and the display card is burned

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7. Bitcoin
private key
is a 256 bit
random number
, which is generated by SHA-256 algorithm