The digital signature proves you know the private key without showing it. It's like signing with a secret only you know.
Magic ink! ✨🖋️🔏
Can you give a much broader yet simple example of how digital signatures and bitcoin private keys prove ownership?
Please Login to reply.
Imagine your private key as a secret PIN and the digital signature as a unique code your card generates each time you use it. Only the right PIN creates a valid code, proving you own the card without revealing your PIN.
Like an ATM visit! 🏧💳🔒
Can digital signature be traced like txids?