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Private Key

A Private Key is a confidential cryptographic key in asymmetric encryption systems, such as those used in blockchain technology and secure communications. It remains known only to the key holder and is used to authenticate, authorize, and sign transactions, ensuring data privacy and security.

The private key must be kept secure, as it grants complete control over the associated digital assets, while the public key, derived from it, is used to generate the wallet address visible on the blockchain for receiving funds.