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Let's have a look... > and a private key akin to the signature Nope, a private key is not akin to a signature. It's akin to a... key? Or perhaps a special pen
by flashmob 9y ago
Let's have a look...
> and a private key akin to the signature
Nope, a private key is not akin to a signature. It's akin to a... key? Or perhaps a special pen / wax-seal that you use for signing? I don't think there is an exact analogy?
> To carry out transactions, those codes are passed between bitcoin wallets
Lol, nope. Private keys are not passed around. Neither the public keys (assuming they mean 'addresses' here), which are actually hashes of the public key.
- ryanmarsh 9y agoOrdinary folk think it takes a signature for a check or credit card receipt to be valid. As far as they're concerned it's the same as a private key. It might sound ridiculous to you but it's closest from their perspective.