This presentation is for you, if you want to
- Understand what public key encryption is.
- Understand what private key encryption is.
- Learn about the differences between Public and Private Keys.
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About Public vs. Private Keys
In a blockchain, cryptography plays a huge part in safeguarding transaction data. Cryptography also helps users to communicate with each other in a secured channel. Therefore, it’s essential that you know about public and private keys as they are extremely important for the encryption and decryption process. Usually, with a public key, you can encrypt data, and with a private key, you can decrypt it. Here, we will analyze the differences between public vs. private keys in order to understand how they help in the cryptography process.