Public-key cryptographyCryptography - means "secret writing"—the ability to exchange messages that can only be read by the intended recipient. In cryptocurrency,... Read More is an encryptionEncryption is the process of encoding an original form of information called plaintext via an algorithm called cipher. The encrypted... Read More method employing two types of keys: a public keyIn public-key cryptography - one of the basis of cryptocurrency, digital keys are generated from a large random number through a cryptographic... Read More and a private keyIn the context of cryptocurrency, a private key is a number that allows users to sign transactions and to generate... Read More. Anyone with a public key can encrypt information. However, decryptionDecryption transforms ciphertext to reveal the original plaintext. Encryption is the reverse process to decryption. Read More requires the corresponding private key. A private key must remain secret to the keyholder to ensure data security and integrity remains intact.
See https://academy.binance.com/en/articles/what-is-public-key-cryptography [Biance]
