Cryptography
From ACT Wiki
Cryptography is the theory and practice of encrypting information to ensure its confidentiality and security.
See also
- Altcoin
- Bitcoin
- Blockchain
- Crypto-assets
- Cryptocurrency
- Ether
- Fiat currency
- Gold standardCryptography - crytpo-assets (CAs).
Public keys are derived from private keys and this enables verification of transactions because of this public-private key pairing.
The blockchain validators (nodes) can check that the signer is the controller of those CAs on the blockchain.
Source - A treasurer's guide to opening a crypto wallet - ACT - May 2023 - p20.