Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Blockchain CBDE Exam - Topic 5 Question 129 Discussion

What are Private Keys used for?
B) To Sign Transactions And To Derive an Address From.
A) To Protect the Public Keys by being cryptographically significant.
C) To Generate An Address which can sign transactions.

Blockchain CBDE Exam - Topic 5 Question 129 Discussion

Actual exam question for Blockchain's CBDE exam
Question #: 129
Topic #: 5
[All CBDE Questions]

What are Private Keys used for?

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

0/2000 characters
Dorcas
3 days ago
Totally agree, they keep your assets safe.
upvoted 0 times
...
Martha
8 days ago
Private keys are super important for security!
upvoted 0 times
...
Sunny
13 days ago
I’m confused about option C; I thought addresses were derived from public keys, not private ones.
upvoted 0 times
...
Tiara
18 days ago
I feel like option B is the right answer since it mentions signing transactions, which is definitely a key function of private keys.
upvoted 0 times
...
Andra
23 days ago
I remember practicing a question about how private keys protect public keys, but I can't recall the exact details.
upvoted 0 times
...
Sunshine
29 days ago
I think private keys are mainly used to sign transactions, but I'm not entirely sure if they also derive addresses.
upvoted 0 times
...

Save Cancel