CRYPTOGRAPHY 101: THE SECRET TO SECURE TRANSACTIONS
Imagine you want to send a secret message to a friend.
PUBLIC-KEY CRYPTOGRAPHY: THE SPECIAL BOX
Uses two keys: public (shared) and private (secret)
Locks and unlocks the box to keep the message safe
HASHING: THE SPECIAL CALCULATOR
Turns the message into a unique code (hash)
Ensures the message isn't tampered with
DIGITAL SIGNATURES: THE SPECIAL STAMP
Proves the message came from you and wasn't changed
Verifies the authenticity of the message
These techniques help keep cryptocurrency transactions:
- PRIVATE: Only the owner can access their funds
- SECURE: Transactions are tamper-proof
- TRUSTWORTHY: Transactions are verified to come from the owner
Think of it like sending a secret message that's locked, stamped, and verified to be from you!
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