A public key is openly shared for receiving cryptocurrency and verifying transactions, while a private key is kept confidential.

I can see a viable solution where the public key instead is with the client and the private keys are kept in their secrecy with the server.

In public key cryptography, there is both a “private” and “public” key. As their labels suggest, you want to keep the private key in a safe place and inaccessible to others.

In public key cryptography, the “public” and “private” keys work just like the first and second ingredients in this special invisible ink: One encrypts messages, the other decrypts them.

What’s the difference? Public key cryptography (asymmetric encryption) involves a pair of keys, while private key cryptography (symmetric encryption) uses a single shared key. Understanding the ...