What Are Private Keys Used For

question 2

Multiple Choice

What are Private Keys used for?

• A) To Protect the Public Keys by being cryptographically significant.
• B) To Sign Transactions And To Derive an Address From.
• C) To Generate An Address which can sign transactions.

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Definitions:

Price Discrimination

A pricing strategy where a company sells the same product or service at different prices to different customers, based on factors like location, age, or purchase quantity.

Predatory Pricing

A competitive strategy where a firm sets very low prices with the intent to drive competitors out of the market or hinder their ability to compete.

Showrooming

The practice of examining merchandise in a traditional brick and mortar retail store without purchasing it, then shopping online to find a better deal on the same item.

Price Discrimination

A pricing strategy where identical or similar products or services are sold at different prices to different customers.