The risks of losing public keys: can you recover them from your private password?

Losing your public key can be a serious problem for Ethereum users, especially if you are not correctly storing your private key. In this article, we will explore the possibility of recovering their public keys from your private key and address creation.

What are public and private keys?

In the context of cryptocurrencies such as Ethereum, public and private keys play crucial roles in obtaining their assets. Its
public key is a unique identifier that allows others to receive funds or access their cryptocurrency holdings in the block chain. Usually, it is shown publicly and can be used to send transactions.

Its
private key , on the other hand, is a long and complex character string used for the signature and storage of transactions. Only you (the owner of the account) have access to him, which makes it essential for safe transactions.

LOSE YOUR PUBLIC KEY

If your public key is lost or committed, you can face significant challenges in the recovery of your funds. Here are some possible scenarios:

• There are no funds available : If your private key was used to sign a transaction, the sender will not be able to send the funds.

• Blocked from your wallet

  : your account can be blocked or suspended due to the lack of funds, which makes it difficult to recover your public keys.

• Loss of access : If your private key is stored in a non -recoverable storage solution (for example, a hardware wallet) can lose access to your funds.

Can you recover your public keys from your private key?

Unfortunately, yes, it is possible to recover its public keys if you still have a private key. However, this process can be complex and slow.

To recover their public keys:

• Create a recovery phrase : If you have configured a multi-sig wallet, create a recovery phrase containing both its private and corresponding public key.

• Use a safe recovery method : Use a safe method to store or access your private key, as a hardware wallet with a recovery mechanism in the chain.

• Send funds to yourself : If you have enough funds in your account, you can use the private key recovered to send them back to yourself.

Creation of addresses and generation of public keys

To create an Ethereum address, it must generate a public key
, which is a unique identifier that points to its Ballet Ethereum’s direction compatible with Bitcoin. This is how it works:

• Create a new wallet : Open the extension of the Metamask browser or use another wallet application.

• Generate a new private key : Choose “new”> “private key” and generate a new private key for your wallet.

• Create a address : In Metamk, go to configuration> Wallet> Advanced configuration and select “Use the private key as a wallet address”.

• Add the public key to the address : Small or write the public key that was generated.

Conclusion

While losing your public key can be frustrating, it is possible to recover it from your private key. However, this process requires precaution and appropriate storage procedures to avoid potential safety risks. Always prioritize security by administering your cryptocurrency assets.

By understanding how public and private keys work and the possibilities of recovering them, you will be better equipped to protect your Ethereum funds in case of loss or commitment. Keep sure online!

ethereum with computer duplicate