What is a Blockchain Private Key?
A private key is a cryptographic key in the blockchain that serves as a main component to access and manage your digital assets & funds.
- The length and its type varies on the cryptographic algorithm used in the blockchain.
- It is typically a 64 characters long string of alpha numeric characters and is in hexadecimal notation (0-9) and (a-f) in Ethereum Blockchain network.
- Funds can only be transferred by using your private keys for signing the transaction.
- It is NEVER shared with anyone and must be kept private, its required to sign the transactions and prove ownership hence if we’re storing it in a QR it must also be kept safe.
Example of Blockchain private key: (64 char long)
9913b1f87299112e5209f666eecc0ef8413c871383e16df0238d8bbbca738572
What is Blockchain Private Key QR Code and How to use it?
Blockchain is a trending technology and in its ever-evolving ecosystem, exists many key components that ease up the process of management of digital assets. Blockchain Private Key QR is one of the components for conveniently storing private keys and faster access to funds.
In this article, we’ll be exploring the blockchain private key, the private key QR code, how to store the private key in the QR code, and their uses, etc.
Private Key QR