Beginner's Guide to Digital Signatures
What Is A Digital Signature?
When you want to send some bitcoins, your wallet creates a “transaction” and sends it to a node on the Bitcoin network which then broadcasts it to other nodes. When you initiate a Bitcoin
What is Encryption?
In order to truly grasp the concept of digital signatures, we must first understand how encryption works. Encryption is a key concept in cryptography. In order to understand the process of how
What is Asymmetric Encryption?
Asymmetric encryption is a type of encryption that uses two separate but mathematically connected “keys” to encrypt and decrypt data and protect it from unauthorized access or use. These keys are known as:
How Digital Signatures Kinda Work
Before we get into the technical details of how digital signatures work, I wanted to help ease you in by sharing a funny story. You might think that digital signatures
How Do Digital Signatures Work?
In this lesson, we’re going to learn how a digital signature actually works in Bitcoin and other cryptocurrencies. In order to get to this point, we’ve had to learn several
How a Bitcoin Transaction Works
A Bitcoin transaction is a transfer of a certain amount of bitcoins from one address to another address that is recorded on the blockchain. But how does this “transfer” process actually work? In
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