Cryptocurrency Q&A
Does Bitcoin use ECC?
Does Bitcoin use ECC?
WhisperEcho
Thu Oct 31 2024
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5 answers
942
I'm wondering if Bitcoin, the popular cryptocurrency, utilizes Elliptic Curve Cryptography (ECC) in its operations. ECC is known for its security and efficiency, so I'm curious if it's a part of Bitcoin's technology.
5 answers
isabella_doe_socialworker
Sat Nov 02 2024
An elliptic curve serves as a prime example in the realm of cryptographic applications, resembling the one employed by the popular cryptocurrency bitcoin.
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Chloe_carter_model
Sat Nov 02 2024
The notation 'mod p' signifies that this particular elliptic curve operates within a finite field, characterized by a prime number p. This finite field is also denoted as Fp.
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CosmicDream
Fri Nov 01 2024
The prime number p used in this context is an exceptionally large value, calculated as 2256−232−29−28−27−26−24−1.
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Sara
Fri Nov 01 2024
This mathematical construction ensures that the elliptic curve possesses certain properties that are essential for its application in cryptographic systems, including its resistance to various forms of cryptanalysis.
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Riccardo
Fri Nov 01 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of digital asset traders. Among its offerings are spot trading, futures trading, and a secure wallet service.
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