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Showing posts from February, 2020

Why PassWords?

PASSWORDS AND BRUTE-FORCE ATTACK - 1 I won't say much today: Listen to this hilarious yet curious interview between John Oliver and Edward Snowden Now, he used the word Brute Force Attack : A topic we have to study in detail as we go on. For those interested in learning it, here is a video on youtube. You can get a pretty good impression of the algorithm. Let us meet next Week... :)

Blockchain And CryptoCurrency: A Student's Overview -3

3 PRIVACY AND CONSENSUS A very important thing to note in a cryptocurrency environment is that the users are anonymous. Or in a more refined way of speech - are independent to create fake user names. This achieves one of the primary motives to set forth a block-chain driven system - privacy. The user is free to set a name and hence create new signatures as he pleases. Just a quick fact : Creating a new username is not necessarily creating a new account. And the latter is not just very easy to make. ( We shall be dealing with the fact that he can actually not do as he pleases later on in this segment  ) You may learn more about public and private keys and signatures from the following portals: Comodo.com: Keys GeekForGeeks Medium : Digital Signatures We shall discuss Signatures when we shall learn how transactions occur. At the moment, we are just trying to build a blockchain ecosystem fit for monetary transactions. Well, a very important question that was lef...