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How are public and private keys created in the context of cryptocurrencies?

avatarAnabelle GithinjiDec 16, 2021 · 3 years ago1 answers

Can you explain the process of creating public and private keys in the context of cryptocurrencies? How are these keys generated and what is their significance?

How are public and private keys created in the context of cryptocurrencies?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we take the security of public and private keys very seriously. When you create an account on our platform, we use industry-standard cryptographic algorithms to generate your unique public and private keys. These keys are securely stored on our servers and are never shared with anyone. We also provide additional security measures, such as two-factor authentication, to further protect your account. Rest assured that your funds are safe with us!