CryptoWizardry
Thu Oct 03 2024
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7 answers
1661
What is public key cryptography?
Could you please explain what public key cryptography is? I'm curious to understand how it works and what makes it unique compared to other forms of cryptography. How does it ensure the security of transactions in the world of cryptocurrency? Additionally, could you elaborate on the role of public and private keys in this process and how they contribute to maintaining the integrity of the system?
Rosalia
Tue Oct 01 2024
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7 answers
1649
What is cryptography in simple terms?
Cryptography, in simple terms, is the art and science of securing information and communications by using codes and encryption techniques. It involves transforming plaintext into ciphertext, which is unreadable by unauthorized parties, and then transforming it back to its original form for the intended recipient. Cryptography is used to protect sensitive information from being accessed, modified, or disclosed by unauthorized individuals. Can you elaborate on the importance of cryptography in the world of cryptocurrency and finance?
