The Three Must-Know Keys: • Public Key (Address): Similar to a bank card number. Share it openly with others; all transactions rely on it. • Private Key (Secret): Equivalent to a withdrawal password + signing authority. Whoever has it is the owner of the account. • Mnemonic Phrase (Ultimate Spell): Usually 12 words. It is a backup of the private key. If lost or stolen, even a deity can't recover your coins.
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The Three Must-Know Keys: • Public Key (Address): Similar to a bank card number. Share it openly with others; all transactions rely on it. • Private Key (Secret): Equivalent to a withdrawal password + signing authority. Whoever has it is the owner of the account. • Mnemonic Phrase (Ultimate Spell): Usually 12 words. It is a backup of the private key. If lost or stolen, even a deity can't recover your coins.