- Describe the concept of public and private key with your own words.
Private is your secretive key that gives you access to your wallet and coins . It can also be used to E sign off messages to other people.
Public is the key that everyone can and that key is derived from your private key.
- What 2 use-cases can public key cryptography be used for?
The first case is where you use your private key to create a public key which then encrypts other persons message and the. You use your private key to decrypt the message.
The 2nd use is when you use your private key to sign off on the message and the person looks at your public key and the the signature and by using math to see if it corresponds with your private key.