A wallet is a key management tool that contains a pair of private and public keys. The public key and account name can be derived from the private key, but this operation is irreversible.
Users should take care of their private keys in order to protect their digital assets.
- The private key is very important, equivalent to the actual bank card password. Unlike the bank card password, the bank card password is forgotten and can be reset or modified by the bank card. However, without the centralized account management system, no individual or organization has the right to change or retrieve the private key for you. Except for signing accounts).
- Once leaked, it will directly cause the loss of digital assets. So be sure to keep your private key. The loss of assets caused by improper storage by the user is borne by the user!
- The public key is part of the EOS account information and is publicly used to verify the signature of the private key. The private key and the public key are paired. A private key signature data can only be verified by the corresponding public key.
- In use, the user signs the transaction with a private key, thereby proving that the user has the output rights of the transaction, and the output transaction information is stored in the blockchain.
The block browser can query the public key information of the account, and the public key is a string beginning with an EOS uppercase letter. At the beginning of the creation, only the user himself obtained the private key, and the user can use the private key to import and use it in any wallet supporting EOS. The private key format is a 51-character string starting with the number 5. The letters are case-sensitive. Please be careful when backing up!