WHAT IS ssl certificate from Wikipedia

a self-signed certificate is an identity certificate that is signed by the same entity whose identity it certifies. This term has nothing to do with the identity of the person or organization that actually performed the signing procedure. In technical terms a self-signed certificate is one signed with its own private key.
In typical public key infrastructure (PKI) arrangements, a digital signature from a certificate authority (CA) attests that a particular public key certificate is valid (i.e., contains correct information). Users, or their software on their behalf, check that the private key used to sign some certificate matches the public key in the CA's certificate. Since CA certificates are often signed by other, "higher ranking," CAs, there must necessarily be a highest CA, which provides the ultimate in attestation authority in that particular PKI scheme.
Obviously, the highest-ranking CA's certificate can't be attested by some other higher CA (there being none), and so that certificate can only be "self-signed." Such certificates are also termed root certificates. Clearly, the lack of mistakes or corruption in the issuance of such certificates is critical to the operation of its associated PKI; they should be, and generally are, issued with great care

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