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RE: What is the difference between a password and a private key(s) on Steemit and how to make your account more secure, by using them correctly.
This is the beauty of public and private key encryption. Any system can validate your signed messages using your public key (i.e. ensuring you used the correct private key), but they don't ever have to have access to your private key to do so. That's why if you lose your private keys, they are lost forever. No one has a backup but you. :)