TEACH ME BITCOIN, SON. on Nostr: Dad: Son, what is the difference between a Bitcoin address and a Bitcoin public key? ...
Dad: Son, what is the difference between a Bitcoin address and a Bitcoin public key?
Son: Hi Dad,
That's a good question! An address represents a hash of a public key of an asymmetric key pair.
The owner of the key pair can use the private key to sign transactions or messages.
Dad: Why sign a message?
Son: For example, to prove ownership of an address.
Only by using the correct private key a valid signature may be created, which then anyone can verify as valid by using the associated address which, again, represents the public key.
Published at
2023-05-16 08:40:37Event JSON
{
"id": "6424cf9bb0340ce439ebfd1a180dea2082ae630ba9c10d6ade01dea2aac811cc",
"pubkey": "e0893162d4045dd1113c6e1c29f70c47bb7461abed042b6c33308fe7d96d2502",
"created_at": 1684226437,
"kind": 1,
"tags": [],
"content": "https://www.teach-me-bitcoin-son.com/media//generated/what-is-the-difference-between-an-address-and-a-public-key.png\n\nDad: Son, what is the difference between a Bitcoin address and a Bitcoin public key?\nSon: Hi Dad,\nThat's a good question! An address represents a hash of a public key of an asymmetric key pair.\nThe owner of the key pair can use the private key to sign transactions or messages.\nDad: Why sign a message?\nSon: For example, to prove ownership of an address.\nOnly by using the correct private key a valid signature may be created, which then anyone can verify as valid by using the associated address which, again, represents the public key.\n",
"sig": "0ece5e27991ea5b56e1ca5d8c68dba53573343b21160acf62816a33c4903bbe6c40a1409cada10bccfb8c10de0579b5c1b2651b0f250b394009fcbd11004959c"
}
