Categories: Glossary

Cryptography

Understanding Cryptography

Cryptography, at its core, is the practice of using algorithms to convert regular messages (referred to as “plaintext” in cryptography) into seemingly meaningless gibberish (known as “ciphertext”). This process relies on an additional piece of information known as “the key” to decrypt the ciphertext back into readable plaintext. The main objective of cryptography is to ensure that the information being transmitted remains secure and inaccessible to unauthorized individuals or third-party adversaries.

In the early stages, cryptography primarily focused on the utilization of ciphers, which were algorithms employed to encrypt and decrypt messages. These ciphers, commonly referred to as classical ciphers, could be manually encoded and decoded. However, they were not robust enough to withstand the cryptanalysis techniques available during that time.

The emergence of radio and internet communications necessitated the development of stronger encryption methods. With messages being transmitted indiscriminately, there was an increased risk of interception. To address this concern, computers introduced advanced and highly secure techniques for scrambling plaintext. While it is theoretically possible to decipher an advanced encryption algorithm without a key, it is practically infeasible to do so within a reasonable timeframe using the resources available to adversaries.

Presently, cryptography plays a vital role in computer communication. It is extensively utilized in various applications, including the implementation of cryptographic hash functions like SHA-256. This specific hash function plays a critical role in safeguarding the operations of Bitcoin (BTC) and other cryptocurrencies.

Coincu

Share
Published by
Coincu

Recent Posts

Sui Turns One: Debut Year of Growth and Tech Breakthroughs Puts Sui at Forefront of Web3

Grand Cayman, Cayman Islands, May 3rd, 2024, ChainwireProtocol launches, growth trajectory, and industry-leading technology point…

10 hours ago

$2.4B Bitcoin And Ethereum Options Set To Expire, Volatility Expected: Report

Bitcoin and Ethereum options contracts worth $2.4bn expire on May 3, potentially causing market volatility.…

11 hours ago

Robinhood Connect In The Uniswap Mobile App Now Supports Users Buying Crypto

The integration helps users with a $10 USDC reward for purchasing at least $10 of…

12 hours ago

Singapore Crypto Poker Robbery Results In 11 Victims Losing Millions Of Dollars

11 people lost property worth NT$4.34m in a Singapore crypto poker robbery, including $3.58m SGD…

13 hours ago

US-based Spot Bitcoin ETFs Draw $112M From Hong Kong Asset Managers

Hong Kong asset managers invested $112M in US-based spot Bitcoin ETFs. Yong Rong Asset Management…

14 hours ago

Arthur Hayes’ Blog: Bitcoin Hits Local Low, Predicts Rally Above $60,000!

Arthur Hayes offers insights into Bitcoin's recent performance, along with predictions for its future trajectory,…

15 hours ago

This website uses cookies.