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Public keys let crypto arrive; private keys sign and spend it

Public keys receive crypto and verify signatures. Private keys sign and spend. What ssh.com, CertiK and Coin Bureau say about sharing, derivation and risk.

· By ZIPMEX · 7 min read

A public key receives crypto and a private key spends it, CertiK and Coin Bureau explain in their guides to wallet keys. The two keys are made as a matched set, called a key pair. The public key can be shown to anyone. The private key must stay with its owner, because anyone who gets it can take the funds.

Key facts from the three explainers

  • Pairing: Public and private keys come in pairs.
  • Public key's job: Lets funds be sent to an address and checks signatures made by the matching private key.
  • Private key's job: Signs, and gives the owner access to the funds and the power to make transactions, much like a card PIN.
  • Direction: The public key comes from the private key. Working backwards is not practical.
  • Address: A wallet address is a hashed version of the public key.
  • The rule: Never give anyone the private key. CertiK applies the same rule to the seed phrase.

A code unique to one wallet

Coin Bureau describes each private key as a cryptographic code unique to one crypto wallet.

Public: key facts/ KEY FACTSPublic: key factsKEY FACTA private key is a key used for digitally signingdocuments in public-key cryptosystems.KEY FACTA public key can be used for verifying digital signaturesgenerated using the corresponding private key.KEY FACTPublic keys and private keys come in pairs, called a keypair.Source: Private & Public Keys (ssh.com), accessed Oct 13, 2026
Key-facts card with 3 facts from ssh.com: A private key is a key used for digitally signing documents in public-key cryptosystems. A public key can be used for verifying digital signatures generated using the corresponding private key. Public keys and private keys come in pairs, called a key pair.
Key facts as the sources state them. data: ssh.com · ZIPMEX key-facts diagram; data: ssh.com

The ssh.com Academy says the step from private key to public key is easy. Going the other way is not practical, it adds. CertiK states the same one-way rule: a public key comes from a private key, not the reverse. Coin Bureau describes the forward step only. It gives the Elliptic Curve Digital Signature Algorithm (ECDSA) as one example of an algorithm used for it.

The address is one more step

Coin Bureau says a wallet address comes from the public key through an extra hashing step. That gives a chain of three: private key, then public key, then address. Each one is made from the one before it. So the address a person shares to get paid is derived from the public key, not the key itself.

Signing a spend without a third party

CertiK counts public and private keys among the technologies that make cryptocurrencies possible. The reason it gives is that they let users transact without a third party checking each transaction. In the ssh.com description, the owner signs with the private key. The matching public key then verifies that signature.

In public-key cryptosystems, a private key is a key used for digitally signing documents.
ssh.com, Aug 27, 2019 · Read the source

Why the private key is the secret

CertiK calls one rule foundational to web3 security: do not give your private key or seed phrase to anyone. Its blog adds that real institutions and projects do not ask for either. A request for them deserves great caution. Coin Bureau describes the cost of breaking the rule. Handing over a private key compromises the wallet, which can lead to unauthorized access and lost funds.

Public keys: safe to share, with a caveat

Coin Bureau says a public key is safe to share. In its view, showing it does not open the wallet to theft or to transactions the owner did not approve. It still warns against posting public keys on insecure or suspicious platforms, because of the risk of phishing scams.

CertiK says attackers often try to get private keys through phishing attacks.

Public key vs private key

How do the public key and the private key differ on their job, who may see them, where they come from, what happens if they leak and what each one produces?

TestPublic keyPrivate keySource
Main jobLets funds be sent to the address and verifies signatures (CertiK, ssh.com)Signs, and gives access to funds and the power to make transactions (ssh.com, CertiK)Source: What are Public and Private Keys? - CertiK (certik.com), accessed Oct 14, 2026 · Private & Public Keys (ssh.com), accessed Oct 13, 2026
Who may see itSafe to share, but not on insecure or suspicious platforms (Coin Bureau)No one: never share it or the seed phrase (CertiK)Source: Private Vs Public Keys Wallets: Discover Their Key Differences (coinbureau.com), accessed Oct 14, 2026 · What are Public and Private Keys? - CertiK (certik.com), accessed Oct 14, 2026
Where it comes fromDerived from the private key, for example with ECDSA (Coin Bureau)Cannot practically be worked out from the public key (ssh.com, CertiK)Source: Private Vs Public Keys Wallets: Discover Their Key Differences (coinbureau.com), accessed Oct 14, 2026 · Private & Public Keys (ssh.com), accessed Oct 13, 2026 · What are Public and Private Keys? - CertiK (certik.com), accessed Oct 14, 2026
If it leaksDoes not expose the wallet to theft (Coin Bureau)Funds could be permanently lost or stolen (Coin Bureau)Source: Private Vs Public Keys Wallets: Discover Their Key Differences (coinbureau.com), accessed Oct 14, 2026
What it producesThe wallet address, through hashing (Coin Bureau)The public key (ssh.com, CertiK)Source: Private Vs Public Keys Wallets: Discover Their Key Differences (coinbureau.com), accessed Oct 14, 2026 · Private & Public Keys (ssh.com), accessed Oct 13, 2026 · What are Public and Private Keys? - CertiK (certik.com), accessed Oct 14, 2026

Each cell restates one explainer's general description; the table does not show how any particular wallet or platform handles keys.

Who holds the private key

CertiK says that with a non-custodial wallet, users are responsible for their own private keys. Coin Bureau spells out what that duty protects. A lost or exposed private key can mean the wallet's funds are lost for good or stolen. The reason, it says, is that blockchain transactions are irreversible. Its advice is to store private keys offline in hardware wallets, away from online threats.

Private key: loss, phishing and safe storage/ KEY FACTSPrivate key: loss, phishing and safe storageLOSS OR EXPOSURECoin Bureau says if a private key is lost or exposed,funds could be permanently lost or stolen.STORAGECoin Bureau recommends storing private keys offline inhardware wallets to prevent exposure to online threats.PHISHINGCertiK says hackers will try to get your private key,often through phishing attacks.Source: coinbureau.com, accessed Oct 14, 2026; certik.com, accessed Oct 14, 2026
Key-facts card titled Private key: loss, phishing and safe storage. Three labelled facts in order: Loss or exposure, Storage, Phishing. Each restates one quoted claim from Coin Bureau or CertiK.
Original ZIPMEX key-facts diagram: three facts about private keys on loss or exposure, offline storage and phishing, each restating one quoted source. data: Coin Bureau, 2024-11-25; CertiK, 2022-08-07 · ZIPMEX diagram; data: coinbureau.com, certik.com

What is confirmed and what is not

Three points rest on more than one outlet. The two keys work as a pair. The private key must not be shared, a warning found in two of the three. The private key cannot practically be worked out from the public key, according to ssh.com and CertiK. The latter also says a seed phrase encodes the private keys. None of the three explains how that encoding works. Other points come from a single outlet each: the extra hashing step for addresses, the phishing caveat on public keys, the hardware-wallet advice, and the advice that legitimate parties never ask for keys. No source here covers key formats or lengths, or how any platform stores keys. None of the three dates its own text. They were read on Oct. 13 and Oct. 14, 2026.

Analysis: the weak point is the key holder, not the math

The one-way link between the keys is what lets a public key be shown safely. That same link moves the weak point away from the math and onto the person holding the private key. The attack CertiK describes is phishing, which targets the owner rather than the cryptography. The design that removes a third party also removes anyone who could undo a mistake, since Coin Bureau calls blockchain transactions irreversible. For anyone using a non-custodial wallet, a request for a private key or seed phrase is the clearest warning sign.

Next step: checking an address

A public key's address is where funds arrive. Next, look up that address in a blockchain explorer to see the transactions tied to it. A separate explainer covers how to use a blockchain explorer to check a transfer.

Sources: What are Public and Private Keys? - CertiK (certik.com), accessed Oct 14, 2026 · Private & Public Keys (ssh.com), accessed Oct 13, 2026 · Private Vs Public Keys Wallets: Discover Their Key Differences (coinbureau.com), accessed Oct 14, 2026

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Updated on Oct 14, 2026