Definition of Encryption

Encryption, What does it mean?

Encryption is a term used in the cryptocurrencies field. It is key to understand it in order to fully understand this world

Definition of Encryption: Encryption is the process to encode data in order to scramble it to obfuscate it to un-authorized audience. This process consists of converting the original data into an alternative form known as ciphertext using an encryption key. Authorized audience can decipher a ciphertext back to original and access the original information using a decryption key (which can be the same is the encryption key in symetric cryptography).

Encryption is related to

Cryptography Encryption Key Asymetric cryptography Symetric cryptography

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Encryption, What does it mean?