What are private and public keys for cryptocurrencies? Revolut Crypto Quiz Answers

What are private and public keys for cryptocurrencies?

The Correct answer is A public key is like your account number, and your private key is like your password.

A public key in cryptography is like your account number or address, which you can share with others to receive encrypted messages or transactions. Your private key, on the other hand, is like your password, known only to you, and is used to decrypt messages or authorize transactions sent to you.

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What Is The Revolut Crypto Quiz?

Revolut, a financial technology firm, has launched a new educational initiative called the Revolut Crypto Quiz. This initiative aims to attract more users to its platform. Users can earn free Polkadot tokens, valued up to $15, by participating in interactive quizzes.

To participate, users need to register with Revolut and play the quiz. The quiz focuses on the Polkadot ecosystem and is divided into nine short, informative lessons.

The first set of quizzes is already available for users to play. However, Revolut has not announced when the next set of quizzes will be released.