Crypto-Asset Regulation · glossary
A private key is a secret number that controls an address on the ledger: whoever knows it can move the tokens there. A wallet is the software or device that keeps a key and signs with it. Halcyon's clients hold no keys, because Halcyon holds them through Keystone Vault. Binder §4.5 · Chapter 1 · Chapter 5
Explained in Chapter 1, What a Crypto-Asset Is, and Why the State Cares, of Crypto-Asset Regulation.
Each address is controlled by a private key, a long secret number. Whoever knows the key can move the tokens at that address, and nobody else can. There is no password reset, and the ledger cannot read a court order. A wallet is the software or device that keeps a key and signs with it.Read Chapter 1, What a Crypto-Asset Is, and Why the State Cares →
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