Position: Home page » Blockchain » Blockchain signature encryption address

Blockchain signature encryption address

Publish: 2021-05-03 04:00:19
1. blockchain encryption algorithm
asymmetric encryption algorithm is a function that converts the original plaintext file or data into a series of unreadable ciphertext codes by using an encryption key. The encryption process is irreversible. Only holding the corresponding decryption key can the encrypted information be decrypted into readable plaintext. Encryption enables private data to be transmitted through the public network under the condition of low risk, and protects the data from being stolen and read by the third party
the core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the high cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
2.

in the distributed network of blockchain, the communication and trust between nodes need to rely on digital signature technology, which mainly realizes the identity confirmation and information authenticity and integrity verification

digital signature

digital signature (also known as public key digital signature, electronic signature) is a kind of common physical signature written on paper, but it uses the technology in the field of public key encryption to identify digital information. A digital signature usually defines two complementary operations, one for signature and the other for verification. Only the sender of information can proce a digital string which can not be forged by others. This digital string is also an effective proof of the authenticity of the information sent by the sender. Simply prove that "I am who I am."

3.

1.1. Introction

practitioners in the computer instry should be very familiar with the word hash. Hash can realize the mapping of data from one dimension to another, and hash function is usually used to realize this mapping. Generally, y = hash (x) is used in the instry. The hash function can calculate a hash value y by calculating X
hash function characteristics in blockchain:

< UL >
  • function parameters are string type

  • fixed size output

  • is computationally efficient

  • collision free means that the conflict probability is small: X= y => hash(x) != Hash (y)

    hide the original information: for example, the verification of transactions between nodes in the blockchain only needs to verify the information entropy of the transaction, and does not need to compare the original information. The nodes do not need to transmit the original data of the transaction, only the hash of the transaction, Common algorithms include Sha series and MD5

  • 1.2. Hash is widely used in blockchain. One of them is called hash pointer
    hash pointer, which means that the value of the variable is calculated from the actual data and points to the actual data location, That is, it can not only represent the actual data content, but also the storage location of the actual data. The figure below shows the schematic diagram of hash pointer


    < / UL >
    4. Jinwowo network believes that privacy protection is the advantage of blockchain. We use cryptography and distributed structure to protect privacy
    jinwowo will use blockchain technology to promote the legalization of big data business. The encryption of blockchain technology can ensure that the privacy of data sources can be better protected while big data is called.
    5. Of course it's true. But bitcoin is the representative of digital currency, cryptocurrency. According to the current 24-hour market of China currency, the highest price of bitcoin is 73900.00 QC (equivalent to RMB)
    When did you buy 500? Now you make a lot of money
    6. First of all, these two are virtual assets. The price of these two kinds of digital currency, or a specific price of digital currency, is determined according to the market situation
    the details of these two digital assets are as follows
    bitcoin (bitcoin: bitcoin) was originally a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals
    the full name of NMC is "new media chain", the Chinese name is media chain, and the former domain name currency (also referred to as NMC) is two completely different currencies. NMC is the circulating currency of three decentralized application platforms: coin call [blockchain information community portal], coin search [blockchain network query tool], ncoin [digital currency exchange]. However, the prices of these two kinds of digital currencies will fluctuate with the market, which can not guarantee a development prospect. If the current price is concerned, bitcoin will be a bit higher.
    7. [verify signature]
    jump out of the verification interface, click the return button in the upper left corner, and then upgrade to the latest version to refresh the node. Or uninstall again and restore the account with mnemonics Refresh node] in free communication, the + sign in the upper right corner, "node detection & quot;
    8. First, you need to understand what "private key" and "public key" are and how they work
    in order to ensure the data security of users, the blockchain system is implemented through a cryptographic algorithm. Specifically, it is implemented through a public cryptographic algorithm mechanism. We all know how a cryptographic algorithm can have a secret key, and the public secret key algorithm is a pair of (that is, two) secret keys, just like tiger amulet, which are used together. One is called public key, which can be disclosed to others. The private key should be kept by itself. In the blockchain system, the public key is used to identify the identity, and the private key is equivalent to the key to decrypt. But the difference is that a public key is only for a unique private key, that is to say, if you forget the private key, it will not be retrieved for you, In the blockchain system, it will not help you retrieve the private key, so you should keep the private key properly
    in the blockchain system structure, the data encrypted with public key must be decrypted with the corresponding private key, while the data encrypted with private key
    must be decrypted with the corresponding public key, so the data encrypted with private key (usually called "signature") must be decrypted with the corresponding public key, which can play a great role
    for a simple example, if Zhang San wants to send a check to Li Si, how can it be sent? In the past, it would be taken by the bookkeeper, so Zhang San thought of a way. He encrypted the check with Li Si's public key, and then signed his name (signed with his private key). At this time, other people would not use it even if they got the check, because only Li Si had his private key, That is, only Li Si can use this check. This function design is called "script system" in the blockchain system
    therefore, the private key encrypted by the blockchain digital signature cannot be decrypted by the original encrypted private key, but must be decrypted by the corresponding public key.
    Hot content
    Inn digger Publish: 2021-05-29 20:04:36 Views: 341
    Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
    Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
    Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
    Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
    Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
    Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
    Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
    Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
    Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750