Login
Remember
Register
Questions
Trends
Unanswered
Ask a Question
Ask a Question
Is the User’s Private Key Used to Sign Transactions?
42
views
asked
Mar 17, 2024
in
Cryptocurrency
by
bivas54
(
2.2k
points)
Is the User’s Private Key Used to Sign Transactions?
Facebook
Twitter
LinkedIn
Reddit
Vk.com
Please
log in
or
register
to answer this question.
1
Answer
0
votes
answered
Mar 19, 2024
by
Cassidy
(
2.8k
points)
Yes, in cryptocurrency transactions, the user's private key is used to sign transactions. This private key is crucial for proving ownership of the cryptocurrency and authorizing the transfer of funds from one wallet to another.
Please
log in
or
register
to add a comment.
Animals and Pets
Anime
Arts and Culture
Auto
Beauty and Health
Books and Literature
Business and Finance
Construction and Repair
Cryptocurrency
Electronics
Entertainment and Hobbies
Esoterics
Family and Home
Food and Drink
Games
Garden
Goods and Services
History
Jobs
Love and Relationships
Mathematics
Movies
Music
Nature
Other
People and Celebrities
Philosophy
Politics
Programming
Religion
Reviews
Science and Education
Sports
Technology and Internet
Travel
Related questions
1
answer
How does the concept of "public and private keys" relate to Bitcoin transactions?
asked
Mar 20, 2024
in
Cryptocurrency
by
Kelvindhope
(
16.6k
points)
1
answer
Can you describe the role of "hardware wallets" in securely storing Bitcoin private keys and signing transactions offline?
asked
Mar 20, 2024
in
Cryptocurrency
by
Kelvindhope
(
16.6k
points)
1
answer
What is the role of private keys in cryptocurrency transactions?
asked
Mar 19, 2024
in
Cryptocurrency
by
abd99872
(
10.9k
points)
1
answer
What role do "block explorers" play in enabling users to view and verify transactions on the Bitcoin blockchain?
asked
Mar 20, 2024
in
Cryptocurrency
by
Kelvindhope
(
16.6k
points)
1
answer
How does the concept of "child pays for parent (CPFP)" enable users to accelerate stuck Bitcoin transactions?
asked
Mar 20, 2024
in
Cryptocurrency
by
Kelvindhope
(
16.6k
points)
...