Cryptography: The Backbone of Bitcoin Transactions

Bitcoin's incredible rise as a decentralized digital currency is built upon a foundation of cryptographic principles.

Unlike traditional fiat money, which relies on third-party financial institutions to process and verify transactions, Bitcoin operates on a peer-to-peer network that uses cryptography to ensure the integrity and security of every transaction.

In this article, we will take an in-depth look at how various cryptographic mechanisms enable Bitcoin's trustless, tamper-resistant system of value transfer.

Public Key Cryptography

At the heart of Bitcoin's infrastructure …

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