What is the difference between encryption and cryptography?

Cryptography and encryption, though often used interchangeably, represent distinct concepts within the realm of information security. Cryptography, essentially, is the overarching discipline that deals with the art and science of protecting information by employing secret codes.

At its core, cryptography involves the study and development of various methods to ensure that messages remain confidential between intended parties. This includes exploring various encryption techniques and algorithms, as well as the management of encryption keys.

On the other hand, encryption specifically refers to the process of transforming data into an unreadable format, also known as ciphertext, using a secret key or algorithm. This process ensures that unauthorized individuals cannot access or understand the original data.

As a leading cryptocurrency exchange, BTCC offers a comprehensive suite of services that cater to the diverse needs of its users. These services include spot trading, where users can buy and sell digital assets directly, and futures trading, which allows for Leveraged investments and hedging strategies.

The process of decryption, which is the reverse of encryption, involves using the same key or algorithm to convert the ciphertext back into its original, readable form. Encryption and decryption work together to provide a secure means of transmitting sensitive information.