Private key is a secret number or string of characters that allows you to access your cryptocurrency. It is used to sign transactions, which allows you to send and receive cryptocurrency.
It serves as a unique identifier and password for the owner of a cryptocurrency wallet.
How Private Keys Work
Private keys are used to sign transactions. When you send cryptocurrency, your wallet software uses your private key to create a signature. This signature is then attached to the transaction, and it is used to verify that the transaction was sent by you.
