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Showing posts with the label cryptography

Cryptocurrency: A Boon or a Bane

Cryptocurrencies . . .     A topic we all love to talk about and the topic we know the least about as basically it is the news nowadays cryptocurrencies news. Well it is bitcoin for most, for some even Ethereum ( Ether ), but do we actually know since the very start of Bitcoin in 2009, over 7,000 different variants of cryptocurrencies have been created.   S o, what is this cryptocurrency and why is it a topic to talk about? Well simply saying cryptocurrency is no different than the form of currency that we use but in the case of cryptocurrency it is not specific to a nation or a continent it can be used anywhere and everywhere through the internet  ( might be too early to say that but yeah ) , the basic reason for the boom in the cryptocurrency market is due to the fact it is a decentralized currency wherein each and every transaction is stored in a distributed ledger ( Blockchain ). And there is no central authority governing its issue and transactions. ...

Cryptographic Security

Cryptography . . .   C ryptography the use of codes or ciphers to protect the secrecy of a message or data or any short of communication between two parties or a group of people.The history of cryptography began way back in the medieval period where messages were carved in caves in a way that it was readable to only those who had access to the codes or who knew what those symbols mean. Cryptography has traveled a long journey from   Classic Cryptography   using pen and paper to solving complex mechanical encryption such as the Enigma Rotor Machine .  How Cryptography works? T he modern cryptography or encryption over data is achieved by using algorithms ( cryptographic algorithms are designed to convert letters or numbers or words or any kind of data into an encrypted/decrypted form using a specific key ) . In this algorithm method ,the sender has an algorithm the sender feeds some data to the encryption algorithm as an input and then the sender sets...