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Definition · Keys & custody

What is Public key?

The value derived from a private key that lets anyone verify a signature without learning the key itself.

Bitcoin uses elliptic-curve cryptography: deriving a public key from a private key is cheap, and reversing it is computationally infeasible.

Addresses are derived from public keys, usually via hashing, which adds a layer of indirection and keeps the public key itself hidden until the coins are spent.

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This definition is part of the Bitcoin Logical glossary. For the fuller explanation, start with Learn, or see the live numbers on The Bitcoin Signal.