Glossary

What is Private Key?

A secret cryptographic key that gives you full control over your cryptocurrency wallet, used to sign transactions and prove ownership of your funds.

A private key is a secret string of characters that controls a cryptocurrency wallet. Anyone who has your private key has complete access to your funds — they can send tokens, sign transactions, and drain your wallet.

Private Keys on Solana

Solana private keys are typically represented as:

  • Base58 string — A long string of letters and numbers (exported from wallets like Phantom)
  • Byte array — A JSON array of 64 numbers (generated by solana-keygen)

Both formats represent the same key and can be used interchangeably.

Private Key Security

Never share your private key

  • No legitimate service will ask for your private key via DM, email, or chat
  • Scammers frequently impersonate support staff to steal private keys

Use a dedicated trading wallet

  • Create a new wallet specifically for copy trading
  • Only transfer the funds you plan to trade with
  • Keep your main holdings in a hardware wallet

How SOL Wallet Shadow Handles Your Private Key

  • You enter your private key once
  • It's immediately encrypted with AES-256-GCM using your chosen password
  • The encrypted version is stored in browser local storage
  • The unencrypted key exists only in memory while you're using the app
  • It never leaves your device or touches any server

Important

If you lose your private key and don't have a backup (seed phrase or key file), your funds are permanently inaccessible. Always keep a secure backup of your private key or seed phrase.

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