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Mastering Blockchain

You're reading from   Mastering Blockchain Distributed ledger technology, decentralization, and smart contracts explained

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Product type Paperback
Published in Mar 2018
Publisher Packt
ISBN-13 9781788839044
Length 656 pages
Edition 2nd Edition
Languages
Concepts
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Author (1):
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Imran Bashir Imran Bashir
Author Profile Icon Imran Bashir
Imran Bashir
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Toc

Table of Contents (21) Chapters Close

Preface 1. Blockchain 101 FREE CHAPTER 2. Decentralization 3. Symmetric Cryptography 4. Public Key Cryptography 5. Introducing Bitcoin 6. Bitcoin Network and Payments 7. Bitcoin Clients and APIs 8. Alternative Coins 9. Smart Contracts 10. Ethereum 101 11. Further Ethereum 12. Ethereum Development Environment 13. Development Tools and Frameworks 14. Introducing Web3 15. Hyperledger 16. Alternative Blockchains 17. Blockchain – Outside of Currencies 18. Scalability and Other Challenges 19. Current Landscape and What's Next 20. Another Book You May Enjoy

Asymmetric cryptography

Asymmetric cryptography refers to a type of cryptography where the key that is used to encrypt the data is different from the key that is used to decrypt the data. This is also known as public key cryptography. It uses both public and private keys to encrypt and decrypt data, respectively. Various asymmetric cryptography schemes are in use, including RSA, DSA, and ElGammal.

An overview of public key cryptography is shown in the following diagram:

Encryption/decryption using public/private keys

The preceding diagram illustrates how a sender encrypts data P using the recipient's public key and encryption function E and producing an output encrypted data C which is then transmitted over the network to the receiver. Once it reaches the receiver, it can be decrypted using the receiver's private key by feeding the C encrypted data into function D,...

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