Private Keys

May 7 is the World Password Day. Interestingly, the cryptocurrency space has introduced an enhanced means of getting around insecure passwords and phishing attacks. That is, with this new solution, there is no need to utilize a password which criminals exploit to carry out cyber attacks. This solution is the lnurl-auth protocol which permits signing into a variety of accounts by receiving a QR code with a special message. Users will be able to utilize a public key attached to their wallets…

As a beginner in crypto, you may wonder what public and private keys are and why you need them. Private and public keys are vital in cryptocurrency and blockchain to safeguard transactions. If you're seeking to enter crypto, you must understand private and public keys. Here's an in-depth look at each of them.  The Basic of Private and Public Key Private and public keys are elements of cryptography. Cryptography, also known as cryptology, is the study and practice of encrypting…