coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time

Public Keys

By CoinGecko | Updated on Mar 03, 2020
In public-key cryptography - one of the basis of cryptocurrency, digital keys are generated from a large random number through a cryptograhic key generation program to produce a private key and public key. In such a system, anyone can encrypt a message using the receiver's public key, but that encrypted message can only be decrypted with the receiver's private key. Public keys can be disseminated freely as the receving address for your cryptocurrency.

Share this with a friend!

Related Terms

Side Chain
A separate blockchain ledger that runs parallel with the primary blockchain.
Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
Market Taker
Participant of the market who buys and sells from currently existing orders
Zero Confirmation Transaction
Another name for "unconfirmed transaction"
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.