In public key cryptography, a key pair is a pair of private key(s0 and public key(s) that are mathematically linked to each other. Public keys are used to encrypt data, and the private key of the key pair is used to decrypt that data. This is known as asymmetric encryption. Key pairs are used to control access to your cryptocurrency.
Key Pair
Related Terms
-
Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex market, you buy or sell in currency pairs. As the value of one currency rises or falls relative to another, traders decide to buy or sell currencies to make profits. Retail forex traders participate in the forex market […]
-
Currency correlation is a statistical measure that shows how two currency pairs move in relation to each other over a certain period of time.
-
Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms “foreign” and “domestic” are relative to the person using the term. What is foreign to someone is considered domestic to another. “Currency exchange” […]
-
The public key is a cryptographic key which is used to encrypt a message. Unlike a private key, which is kept entirely secret, a public key is known to everyone. If someone wants to send a secure...
-
A currency pair is a price quote of the exchange rate for two different currencies traded in the foreign exchange market. Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex market, you buy or sell in currency pairs. Each currency in the pair is listed as […]