Bitcoin Explained - The Technical Side of Bitcoin cover image

Episode 77: Peer-to-peer Encryption

Bitcoin Explained - The Technical Side of Bitcoin

00:00

How to Derive a Public Key From a Private Key

A public key is a number put through one-way function, right? Yes. Now, if you do it twice, you get a different number again. It's like... It goes both ways, but the toll on the way back is very high. The reason no one else can do it is because then the only way they could do it is take two public keys. So now, they get two private, now they get a mix of two private numbers plus two one-way functions,. so you get adifferent number. I'm not sure if that made a lot of sense.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app