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Foundations term

Private key

The secret number that controls your funds. Whoever has it owns the coins.

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By the Orca Crypto teamUpdated 2026-09-28How we check this3 min readDefinition
Definition

The secret number that controls your funds. Whoever has it owns the coins.

A private key is a very large random number. It mathematically proves ownership without ever being revealed, through digital signatures. Your wallet uses it to sign transactions, and the network verifies the signature against your public key.

There is no password reset. There is no support line. Anyone who obtains your private key can move everything instantly and irreversibly, and nobody can undo it.

In practice

A private key is 256 bits, which is roughly the number of atoms in the observable universe. Guessing one is not a realistic attack. Tricking you into revealing it is.

What people get wrong

That a private key is a password you can change. There is no reset, no support desk and no way to rotate it while keeping the same address. If it is exposed, the only fix is moving everything to a new key before somebody else does.

Common questions

Can a private key be guessed or brute forced?
No. The number of possible keys is close to the number of atoms in the observable universe. Every real theft happens because somebody was shown the key or tricked into signing, never because it was cracked.
Is my seed phrase the same as my private key?
Not quite. The seed phrase is a master secret that generates many private keys, one per account and network. Protecting the phrase protects all of them at once.

Where this comes up on the site

The guides that actually use this word, rather than a list of everything we have written.

Where to go next

More foundations terms

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