A blockchainA blockchain is a distributed database that is shared among the nodes of a computer network. Read More address is a digital identifier representing a specific user or account on a blockchain. CryptocurrencyA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by... transactions are sent and received through blockchain addresses, analogous to a physical mailing address. Each blockchain address is a unique combination of alphanumeric characters. Because blockchain addresses are unique, transactions between parties can be transparent and secure. Each blockchain address has a private keyIn the context of cryptocurrency, a private key is a number that allows users to sign transactions and to generate... Read More that creates a digital signatureA digital signature is a cryptographic mechanism designed to provide proof of authority and authenticity in electronic form. In blockchain... Read More. Each transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More made from the blockchain address uses the digital signature. This digital signature verifies that the transaction originated with the owner of the blockchain address and not with someone else.
