Question

What is a view key in privacy coins?

Answer 1

A view key in privacy coins is a cryptographic key that allows users to share specific transaction details with others, such as auditors or third parties, without compromising the overall privacy of the blockchain. This key enables selective disclosure of transaction information while keeping the sender, receiver, and transaction amount confidential from unauthorized viewers.

Answer 2

A view key in privacy coins is a cryptographic key that allows users to share selective access to their transaction details without compromising the privacy of their account balance or other sensitive information. It enables transparency for specific transactions while still maintaining overall privacy within the network.