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  Public key cryptography to the rescue. Public key cryptography is an essential part of bitcoins protocol and is used in several places to ensure the integrity of messages created in the protocol.  How Blockchain Technology Works Guide For Beginners The genius of public key cryptography is that it utilises two encryption keys. How does bitcoin public key cryptography work . Wallet creation and signing of transactions which are the core components of any currency rely heavily on public key cryptography. This is basically a public ledger which has the record of every transaction since the very beginning of bitcoin. More generally cryptography is about constructing and analyzing protocols that prevent third parties or the public from reading private messages3 various aspects in information security such as data confidentiality data integrity authentication and non repudiation4 are central to modern cryptography. Think about receiving radio signals on your cars radio that allows ...

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