Understanding Elliptic Curve Cryptography in Cryptocurrency
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
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
A cryptocurrency address is a unique identifier that represents a destination for digital currency transactions
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.