Private Key
German: Privater Schlüssel
The secret value that authorises transfers from an address; its loss is generally irreversible and its compromise allows a valid, unrecoverable transfer.
Why people look this up
Readers assessing operational risk and the absence of a recovery process comparable to a lost certificate.
Auf Deutsch
Privater Schlüssel — Der geheime Wert, der Übertragungen von einer Adresse autorisiert; sein Verlust ist in der Regel endgültig, seine Kompromittierung ermöglicht eine wirksame und nicht rückholbare Übertragung.
Related terms
Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.