What is the difference between Private Key and Passphrase?
A Private Key is a string of random characters, representing a cryptocurrency wallet address, allowing you to access, receive, send your crypto funds. The Private Key is created from mixed letters and letters. Similar to a Password, it’s the key of your crypto account.
A Private Key is a string of numbers and letters with the following form:
0xb46e06d22ce739ce1961724c45acd57831a21eca12fcf691c25d0f0562b5b5f6
Main features of Private key:
- Private Key contains characters including uppercase letters, lowercase letters, numbers.
- The complexity of the Private Key is reflected in the random mixing of characters, without any rules, which makes it difficult for hackers to crack.
- The Private Key is generated from the Passphrase by encrypting it.
- Each Private Key can generate an address that allows you to make transactions in your wallet.
A passphrase is a sequence of words used to control access, secure, and recover your wallet in case you cannot access your main wallet. The wallet service provider will issue you a PassPhrase as soon as you create the wallet.
Passphrase is a sequence of words with the following form: race fog come flash position garbage glass rule dizzy behind use tape
Main features of Passphrase:
- Passphrase is usually a sequence of readable English words, from 12 to 24 words, randomly generated.
- Passphrase is mainly used to create and restore crypto wallets.
- Private key and Passphrase are used to secure the account.
- Both allow you to restore your wallet and grant access to your wallet.
- Private Key and PassPhrase both help to strengthen the security of the account, it is more difficult for hackers to attack.
- Passphrase is preferred over Private key because of its logic and it is easy to read, easy to remember, can be easily noted on paper.
- You can use Passphrase to regenerate your Private Key.
- A Passphrase can create wallets containing multiple Private Keys.
- Passphrase has control over all your Private Keys.