# Private Key Represents a bitcoin private key and is needed to be able to spend bitcoin and sign transactions. See the official [Bitcoin Wiki](https://en.bitcoin.it/wiki/Private_key) for more information about private keys. A PrivateKey in Bitcore is an immutable object that has methods to import and export into a variety of formats including [Wallet Import Format](https://en.bitcoin.it/wiki/Wallet_import_format). ## Instantiate a Private Key Here is how to create a new private key. It will generate a new random number using `window.crypto` or the Node.js `crypto` library. ```javascript var privateKey = new PrivateKey(); // Creates a private key from a hexa encoded number var privateKey2 = new PrivateKey('b221d9dbb083a7f33428d7c2a3c3198ae925614d70210e28716ccaa7cd4ddb79'); ``` To export and import a private key, you can do the following: ```javascript // encode into wallet export format var exported = privateKey.toWIF(); // instantiate from the exported (and saved) private key var imported = PrivateKey.fromWIF('L3T1s1TYP9oyhHpXgkyLoJFGniEgkv2Jhi138d7R2yJ9F4QdDU2m'); ``` Note: The WIF (Wallet Import Format) includes information about the network and if the associated public key is compressed or uncompressed (thus the same bitcoin address will be generated by using this format). To generate an Address or PublicKey from a PrivateKey: ```javascript var publicKey = privateKey.toPublicKey(); var address = publicKey.toAddress(Networks.livenet); ``` ## Validating a Private Key The code to do these validations looks like this: ```javascript // validate an address if (PrivateKey.isValid(input)){ ... } // get the specific validation error that can occurred var error = PrivateKey.getValidationError(input, Networks.livenet); if (error) { // handle the error } ```