Homework on Public and Private Keys - Questions

Blockchain and Bitcoin 101
#5348
  1. When sending transactions, a public key allows for receiving and signing the transaction. Private key is encrypted and secures your own account.
  2. Encryption of transactions and the use of digital signatures.
#5349

  1. Describe the concept of public and private key with your own words.
    The public key is used to send messages to you. You private key is used to recieve imessages. The private key is used to create the public key.

  2. What 2 use-cases can public key cryptography be used for?
    First, omeone can use the public key to send you mesages.
    Second, You can send your private key in a message to prove that it is you. The Public key can be used to verify.

#5350

1.Randomely generated by the computer public and private adresses are: public = postal adress/account private = password

  1. Send message encripted, and digital signature
#5351
  1. Describe the concept of public and private key with your own words.
    Public key is for everyone private key just for you must keep save and its random unique numbers generated by your computer
  2. What 2 use-cases can public key cryptography be used for?
    -Digital Signatures
    -Encrypted Messages
#5352

  1. Describe the concept of public and private keys in your own words.
    Private keys are random numbers generated by your computer and must be kept private to prevent others from having access. A public key can then be generated from your private key and can be shared with anyone. This allows one to encrypt data and add digital signatures for verification.

  2. What 2 use cases can public key cryptography be used for?
    Public keys can be used for encryption to send data privately and as digital signatures to verify the sender.

#5353

  1. Public keys are created through cryptography from a private key and are safe to share for he purpose of transacting with others. Private keys are unique to the individual and should never be shared. its no different than telling someone you left your door unlocked with your safe open, and you wont be home all weekend.

  2. The 2 use-cases for public keys are encryption and digital signatures.