Public vs. Private Keys
Public key encryption and private key encryption are two of the popular cryptography models for blockchain technology. Learn about the differences between public vs. private keys.
Key Points
This presentation is for you, if you want to
- Understand what public key encryption is.
- Understand what private key encryption is.
- Learn about the differences between Public and Private Keys.
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About Public vs. Private Keys
In a blockchain, cryptography plays a huge part in safeguarding transaction data. Cryptography also helps users to communicate with each other in a secured channel. Therefore, it’s essential that you know about public and private keys as they are extremely important for the encryption and decryption process. Usually, with a public key, you can encrypt data, and with a private key, you can decrypt it. Here, we will analyze the differences between public vs. private keys in order to understand how they help in the cryptography process.