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Public key News - Blockchain.News

PUBLIC KEY

An aspect of a certain encryption technique that uses key pairs for the transfer of encrypted data. The public key encrypts messages into an unreadable format that can only be decrypted by the intended party with the corresponding private keys. Public and private key pairs are what allows for trustless transactions in cryptocurrencies where public keys are used as addresses for sending and receiving cryptocurrencies over the network.

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PUBLIC KEY

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