Why are private keys important?
in Private Keys & Security•Help Article
Private keys are the foundation of blockchain security and self-custody. Here's why they're critical:
Complete Control
Only the holder of the private key can access and move funds
Irrevocable Access
Unlike passwords, private keys cannot be changed or reset
Permanent Ownership
If someone gains your private key, they permanently control your wallet
No Third-Party Recovery
There is no "forgot password" option with private keys