<p>The public key is used to derive a Cardano wallet address, a wallet address is basically the hash string value that you share with other users to provide them a way to send ADA or other assets in the Cardano blockchain into your wallet. It can also be considered your bank account number. Knowing this someone will be able to send funds to you but not take the fund out of your wallet.
To take funds out of the wallet, a private key will be required. More details are given <a href="https://developers.cardano.org/docs/integrate-cardano/creating-wallet-faucet/" rel="nofollow noreferrer">here</a></p>

CC BY-SA 4.0
2021-09-20T06:35:54.437Z
2021-09-20T06:35:54.437Z
raghu
<p>Daedalus wallet &gt; More settings &gt; Public key
produces an acct_XXXXXXXXXXXXXXXXXXXX string.</p>
<p>What can be done with this? What is it useful for?</p>

<wallet><daedalus>
What's the point of the "Wallet public key"?
# What's the point of the "Wallet public key"?

(Asked by: username_0 on 2021-09-17)

Daedalus wallet > More settings > Public key
produces an acct\_XXXXXXXXXXXXXXXXXXXX string.

What can be done with this? What is it useful for?

**Tags:** wallet, daedalus

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## 1 answers

### Answer by username_1 on 2021-09-20. Score: 3 | Accepted answer

The public key is used to derive a Cardano wallet address, a wallet address is basically the hash string value that you share with other users to provide them a way to send ADA or other assets in the Cardano blockchain into your wallet. It can also be considered your bank account number. Knowing this someone will be able to send funds to you but not take the fund out of your wallet.
To take funds out of the wallet, a private key will be required. More details are given [here](https://developers.cardano.org/docs/integrate-cardano/creating-wallet-faucet/)


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