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Private keys are used for signing transactions and allow the holder of the private key to spend the Bitcoin associated with the address derived from the private key.

1 vote

I have a txt file labelled private key, inside is what i assume to be base64 string ending w...

Presuming you are in possession of an actual private key and not a random Base64 string, consider this answer to convert it manually yourself or use an external program like this or this to convert it …
Kittywhiskers Van Gogh's user avatar