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teachin_bitcoin / TEACH ME BITCOIN, SON.
npub1uzy…y7g3
2024-10-16 00:04:35

teachin_bitcoin on Nostr: ...



Son: 56bbd862e7e4bfe4da5a10d0e80e1da13dd3a2ed15eee8b9a0a322b8a4ca3e3d
Dad: Son, what is this again?
Son: Dad, this is just a random, 256-bit hexadecimal number. A bitcoin private key.
A private key is used to spend bitcoin and as the source of its public key. The public key is required to receive bitcoin.
Dad: Are public keys the same thing as addresses?
Son: No. Bitcoin addresses are derived from a public key using a one-way function. Or in other words:
A bitcoin address is a hashed version of a public key. It’s shorter than the original public key.


#Bitcoin
Author Public Key
npub1uzynzck5q3wazyfudcwznacvg7ahgcdta5zzkmpnxz870ktdy5pqr7y7g3