Is it true,that whoever provides the digital signature is also the private key holder and the owner of the bitcoin address?
#plebchain
#bitcoin
Is it true,that whoever provides the digital signature is also the private key holder and the owner of the bitcoin address?
#plebchain
#bitcoin
Not necessarily. It just proves the authenticity of the signed message.
The message content to sign should be given as a challenge to the person signing to prove ownership.
What do you mean not necessarily?
So leanmeabitcoin.com is wrong?
Blockchain is full of signed messages. You can pick any and try to claim that you own it.
But if they ask you to sign a challenge again you can't. Because you don't have the private key.
Thank you for clarifying...
💯 The territory is the map. Knowing the private key is ownership of ₿itcoin.
Property rights is your relationship with the property and not necessarily in perpetuity.