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Proof of Stake Demo

๐Ÿ”‘ Your Digital Identity: Public & Private Keys

Understand the cryptographic key pair that gives you total control over your crypto

๐Ÿ” Public vs Private Keys

Cryptographic key pairs are the foundation of blockchain security. Your private key is your password, and your public key is your account number - but the math makes them impossible to reverse-engineer.

๐ŸŽฏ The Core Concept

Imagine a magical mailbox where anyone can drop letters (public key), but only you have the key to open it (private key). That's how asymmetric cryptography works!

๐Ÿ“ข

Public Key

  • โ€ขSafe to share with everyone
  • โ€ขUsed to receive transactions
  • โ€ขDerived from private key
  • โ€ขActs as your blockchain address
๐Ÿ”’

Private Key

  • โ€ขNEVER share with anyone
  • โ€ขUsed to sign transactions
  • โ€ขProves you own the address
  • โ€ขIf lost, funds are gone forever

๐ŸŽฎ Interactive Key Comparison

Toggle between public and private key views to understand their relationship:

๐Ÿ“ข

Public Key

Share freely - your blockchain address

Purpose:

Receive crypto, verify signatures, create blockchain addresses

Example Format:
0x742d35Cc6634C0532925a3b844Bc9e7595f0bEb
Security Level:
100% Safe to Share
Real-World Analogy:

๐Ÿฆ Like your bank account number - anyone can send you money, but they can't withdraw from your account

๐Ÿ”ฌ Quick Key Generation Demo

Generate a sample key pair to see the relationship (simplified for demonstration):

๐Ÿงฎ The Math Behind It

Elliptic Curve Cryptography (ECC)

Blockchain uses special mathematical curves where multiplication is easy, but division is nearly impossible:

Private Key ร— Generator Point = Public Key
โ†“ Easy (milliseconds)
Public Key รท Generator Point = Private Key ???
โ†“ Impossible (billions of years)
๐Ÿ”ข
Key Size
256-bit private key = 2^256 possible combinations
โฑ๏ธ
Brute Force Time
Longer than the age of the universe
๐Ÿ›ก๏ธ
Security Level
Quantum-resistant with proper key sizes

๐ŸŒ Real-World Examples

โ‚ฟ

Bitcoin

Uses secp256k1 curve with addresses starting with 1, 3, or bc1

1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
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Ethereum

Also uses secp256k1 with addresses starting with 0x

0x742d35Cc6634C0532925a3b844Bc9e7595f0bEb