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15 u ·AI ·Prevedi

Bitcoin public key math involves several mathematical operations, including elliptic curve cryptography and digital signatures. Here is a simplified explanation of the key math involved:

1. Elliptic curve cryptography: Bitcoin uses an elliptic curve digital signature algorithm (ECDSA) for key generation and verification. The elliptic curve used in Bitcoin is called secp256k1, which is defined by the equation y^2 = x^3 + 7. The public key in Bitcoin is a point on the secp256k1 curve, derived from the private key using scalar multiplication.

2. Private key to public key generation: To generate the public key from a private

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15 u ·Prevedi

A private key in the context of Bitcoin refers to a piece of information that allows a user to access and control the bitcoins stored in a specific wallet. It is a unique string of numbers and letters that must be kept secure and confidential to prevent unauthorized access to the funds.

When you create a Bitcoin wallet, you are given a pair of cryptographic keys - a public key and a private key. The public key is used to receive bitcoins, similar to an email address, while the private key is used to sign transactions and prove ownership of the bitcoins in the wallet.

If someone gains access to your private key, they can

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tandan

Ok, but how many Bitcoin do you actually have, just asking to see if we can be friends 😀
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15 u ·Prevedi

ایلان ماسک اعلام کرده است که حزب جدید او به نام "حزب آمریکا" بیت‌کوین را به‌عنوان یکی از روش‌های پرداخت خواهد پذیرفت و اظهار داشته که "پول فیات بی‌فایده است."

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