A cryptographic key that is used with an algorithm to encrypt and decrypt data. A cryptocurrency private key lets you access funds in a wallet. The usual mnemonic phrase (12 or more random words) offered by wallets to recover your funds in other devices is a “summary” of this private key. Check more here.

Author

I'm a literature professional in the crypto world since 2016. It doesn't sound very compatible, but I've been learning and teaching about blockchain and cryptos for international portals since then. After hundreds of articles and diverse content about the topic, now you can find me here on Alfacash, working for more decentralization.

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