Basics

Keys & addresses

A secret number that spends your bitcoin, and the public label people pay you at.

In plain words

Your private key is a giant secret number. It is not a login. It is ownership. From it, your wallet creates addresses — the labels you share to get paid. The math runs one way: anyone can check your signature; no one can steal the key behind it. Whoever knows the key owns the coins. Your wallet handles the numbers so you never touch them.

Why it matters

  • In Bitcoin, the key IS the ownership — no name attached, no recovery desk.
  • Share an address freely. Share a private key and you have handed over the money.
  • One seed phrase backs up every key your wallet will ever make.

Not to be confused with

  • Password — passwords can be reset. A lost private key is lost money.

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Updated 2026-07-29