Understanding DAO in Cryptocurrency
DAO stands for Decentralized Autonomous Organization. A DAO is a unique type of organization that operates on the principles of decentralization, autonomy, and transparency
DAO stands for Decentralized Autonomous Organization. A DAO is a unique type of organization that operates on the principles of decentralization, autonomy, and transparency
A digital signature is a cryptographic technique that provides verification and authentication of digital messages or documents. It serves as a digital counterpart to a handwritten signature or a seal on a physical document.
Elliptic Curve Cryptography (ECC) is a public-key cryptography algorithm that utilizes the mathematics of elliptic curves to provide strong security with relatively short key lengths
Cryptography is the practice of using mathematical algorithms to encrypt and decrypt sensitive information
At its core, asymmetric encryption relies on the principle of key pairs, where each key has a specific function. The public key is widely distributed and accessible to anyone, while the private key is kept confidential and known only to the owner.