Symetric cryptography, What does it mean?

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

Definition of Symetric cryptography

Symetric cryptography refers to cryptography algorithms using the same cipher for encryption and for decryption (using the same key for encrypting and decrypting) the data. It is highly used to encrypt hard drives, databases and other local data.

Symetric cryptography is related to

Asymetric cryptographyEncryptionHash (one way hash)Cryptography

See more: Cryptonyms glossary