Keystore File
A keystore file is a structured file that stores an encrypted private key or related wallet key material.
✦ Key Insight
It allows key storage and import without exposing the raw private key in plain text.
✕ Common Misconceptions
A keystore file and its password together can give control of funds, so both require protection.
Detailed Explanation
In Practice
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Private Key
A private key is a secret cryptographic code that proves ownership of crypto assets and allows the holder to authorize transactions.
Wallet
A crypto wallet is a tool that stores the keys needed to access, manage, and transfer cryptocurrency. It can be software-based, hardware-based, mobile, desktop, browser-based, or even paper-based in older setups.
Ethereum
Ethereum is a programmable blockchain network designed to support smart contracts and decentralised applications. Its native cryptocurrency is Ether, or ETH.
Encrypted Backup
An encrypted backup is wallet recovery data protected with encryption so the stored file is not directly readable without the decryption secret.
Wallet Password
A wallet password is a password used to unlock local wallet software or decrypt stored wallet data.