RE: For Newbies: What is My Steemit Wallet Address and How Can I Make a Deposit? Visual Step by Step Help Guide 🐳 A 100% Steem Power Up Post

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For Newbies: What is My Steemit Wallet Address and How Can I Make a Deposit? Visual Step by Step Help Guide 🐳 A 100% Steem Power Up Post

in steem •  7 years ago 

As i see you have a public and a private Memo Key. It has a button "Show Private Key".
Which one do i use for transactions?
I assume the private key?

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7 years ago by

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      ·  7 years ago 

    That's what I was wondering! I assumed it was public because cryptos usually have a public address, but the author wanted to hide his, which makes me think it's private. Now I'm confused...

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      2 votes
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        ·  7 years ago 

      Yeah! Which one is it??? LOL

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        1 vote
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          ·  7 years ago 

        Which key is use?

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            ·  7 years ago 

          I'd like confirmation on this as well, but I would assume that it's the private key because that would be required for any wallet to enable the outbound transfer of an asset.

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              ·  7 years ago 

            As it seems it is in fact the public key.
            But i noticed that the memo usually doesn't even matter, at least not on steemit.com and bittrex.com (when you buy steem and transfer, memo can be random)

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              3 votes
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                ·  7 years ago 

              I tried the private key and it didn't work... gotta use the public key for transfers of Steem

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                1 vote
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                  ·  7 years ago 

                I feel the same way, why does he not specify which key to use? He does mention that the Memo key he used was private and that's why he covered it in the image but he did not include "Show Private Key" in the instructions. I am sending 1 Steem to test before I make my full deposit...

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                    ·  7 years ago 

                  Its good to keep your public keys also private if possible. Thats why bitcoin changed it’s adresses from public keys to hashed public keys a long time ago.

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