I heard about the concept of master key in
Bitcoin and I'm curious to understand what it exactly is. Could someone explain the role and function of master key in the Bitcoin system?
5 answers
Raffaele
Tue Dec 24 2024
This protective key not only secures the signing keys but also ensures their association with the respective identities remains intact.
GinsengBoostPowerBoost
Tue Dec 24 2024
A user has the capability to utilize a two-tier key system.
GyeongjuGloryDaysFestivalJoy
Tue Dec 24 2024
The keys used for signing transactions are referred to as sub-keys.
Gianluca
Tue Dec 24 2024
This system allows for the employment of one set of keys specifically for signing transactions, where each key can represent a distinct identity.
Lorenzo
Tue Dec 24 2024
Additionally, there exists another key within this system, which serves a crucial role in safeguarding the set of signing keys.