Bloomberg Crypto

Bonus: The Crypto Story by Matt Levine - Part 2

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Nov 6, 2022
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INSIGHT

Cryptography Basics

  • Cryptography is the study of secret messages, encoding, and decoding.
  • It involves using functions to transform input data into a different output.
INSIGHT

One-Way Functions and Hashing

  • One-way functions are easy to compute in one direction but hard to reverse.
  • Hashing functions are an example, turning input into a fixed-size number.
ANECDOTE

Hashing for Passwords

  • Matt Levine explains how hashing is used for password security.
  • Hashing passwords protects them even if a password list is stolen.
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