Sentences with phrase «access to one's private keys»

Funds can be deposited with knowledge of the public key, but withdrawn only with access to the private key.

Since the backup phrase gives a bitcoin wallet access to your private key, you can use the 12 - word backup phrase to recover your bitcoin if your device is stolen or damaged.

Few exchanges are complained for not allowing their users to have access to the private keys of their digital wallets.

Other online wallet providers do offer access to the private keys (this is different to your password) but again the reputation must be taken into account when choosing.

Decentralized Cryptocurrency Exchange also provides it's users to maintain their account and their crypto funds by giving access to their private keys.

The attacker could exploit this flaw to gain access to the private key created by the TPM.

Custody remains a key issue, and the contention exists that Bitfinex maintained access to the private keys tied to bitcoin loaned to traders.

If you lose access to the private keys, you lose access to the Bitcoins.

Bill's Bitcoin wallet is an online wallet that does not provide users with access to their private keys.

In fact, you can store any of these currencies on any regular Bitcoin address as well, provided that you have access to the private key of that address.

You need your private keys to spend your bitcoins, so if someone gains access to your private keys, they can (and will) spend your bitcoins, and your bitcoins will be lost to you.

However, you might want to use your Bitcoin on the Bitcoin Big fork, but since you don't have access to your private keys you're SOL.

Users» don't have access to private keys.

These hardware wallets give you the access to your private keys and can not be hacked as they remain offline.

Those who holds Bitcoin in the wallets giving them access to their private keys will be credited equal number of Bitcoin Gold.

Users holding their Bitcoins in the wallets of which they have access to their private keys, will receive the equivalent number of Bitcoin Gold coins for free.

The users don't have any access to their private keys and the centralised exchanges holds the cryptoassets on behalf of their users.

More importantly, decentralized exchanges have no access to your private keys.

No one, not even the manufacturer of the device has access to your private key.

It's all for a big sacrifice though: having no access to your private keys.

If you are choosing some other wallet to store your ethereum make sure you have access to your private keys and read other people reviews first before you go.

A good rule of thumb is this: If you have access to your private keys, then you have full control over your wallet.