Private Key
A private key is a secret code associated with a wallet, which allows you to access your crypto-assets and to sign, that is, authorise, transactions. It works together with the public key within asymmetric cryptography.
Whoever holds the private key has full control of the crypto-assets associated with it. For this reason, the private key must never be shared: anyone who knows it can dispose of the funds, and if it is lost, access may be lost irreversibly.
Disclaimer: This entry is for information purposes only and does not constitute investment advice, a recommendation or a solicitation to invest.