How cryptography is used in the blockchain?

Cryptography is the best method of securing data from any unauthorized access which combined with Hashing helps make the Blockchain even more secure. In this article, you will get an in-depth understanding of what are the two main types of cryptography and how cryptography is applied in the blockchain.

What is blockchain security?

Blockchain security is built on two concepts Cryptography and Hashing. This article focuses on discussing these two important concepts in detail. Cryptography is a method of securing data from unauthorized access. In the blockchain, cryptography is used to secure transactions taking place between two nodes in a blockchain network.

What is cryptography & how does it work?

Cryptography is a technique or a set of protocols that secure information from any third party during a process of communication. It is also made up of two Greek terms, Kryptos term meaning “hidden” and Graphein, a term meaning “to write”. Some terminologies related to Cryptography:

What are the basic tenets of cryptography?

The basic tenets of cryptography align perfectly with the fundamental characteristics of blockchain technology. While digital signatures are trustworthy tools for encryption of blockchain network communications, cryptographic hashing has a better potential for cryptography.