Meet Alice & Bob: The Foundation of Bitcoin’s Cryptography
The Bitcoin network has a consensus of cipher-based agreements between all the actors involved. The consensus is that two people or more are highly involved in the process of the…
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Chances are you’ve heard of cryptocurrency: Bitcoin, Ethereum, and Dogecoin, amongst others, have all become words we hear on the news or read online. Cryptocurrency is different from this and radically. Instead of having a physical presence—the notes and coins in your pocket—it exists entirely digitally, without the power of a government to back it.
The Bitcoin network has a consensus of cipher-based agreements between all the actors involved. The consensus is that two people or more are highly involved in the process of the…