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What is a private key?

Updated yesterday

ATTENTION: Please NEVER use the sample character strings, words, and codes shown here, but rather those displayed by your own wallet and account.

A private key is your secret Bitcoin key—comparable to the PIN code on your debit card, only much more important.

Imagine a mailbox:

  • The public key is your mailbox address (selected people are allowed to know it).

  • The private key is the only key that can open it (absolutely secret!).

Technically speaking, the private key is the basis of your Bitcoin wallet. It is used to:

A private key can take various forms:

  • as a long string of characters (e.g., L4THXP4EDbc3s5Sw2UusEujQKp2kCrc77nWtjaWVRXQYkZF8LwwT)

  • as WIF format (Wallet Import Format)

  • as a hexadecimal number (e.g., D7D85DD9A987EBF2C6C18E79A83A0116EB9908F1C34A1CE40D37FEA136833DDF)

The most common form today is the recovery phrase (seed phrase):

  • 12, 20, or 24 simple English words from a fixed word list in a specific order.

  • Here is an example:

witch

collapse

practice

feed

shame

open

despair

creek

road

again

ice

least

IMPORTANT:

Whoever has your private key has access to your Bitcoin. If you lose it, you lose your Bitcoin. NEVER share it with others!

The private key is your digital sovereignty. Treat it accordingly! 🔑

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