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What is Cryptography?Cryptography is indeed a fascinating and crucial field, especially in the context of modern technology and digital security. Here's a brief overview to help you get started: Cryptography is the science of hiding information to protect it from unauthorized access. It involves converting readable data (plaintext) into an unreadable format (ciphertext) using mathematical algorithms. Only those with the correct decryption key can convert the ciphertext back into plaintext¹. ### Key Concepts in Cryptography 1. **Symmetric Encryption**: Uses the same key for both encryption and decryption. It's fast and efficient but requires secure key distribution. 2. **Asymmetric Encryption**: Uses a pair of keys – a public key for encryption and a private key for decryption. This method is more secure for key distribution. 3. **Hash Functions**: Converts data into a fixed-size string of characters, which is typically a hash code. It's used for data integrity verification. 4. **Digital Signatures**: Ensures the authenticity and integrity of a message, software, or digital document. It's widely used in cryptocurrency transactions². ### Cryptography in Cryptocurrency Cryptography is fundamental to the functioning of cryptocurrencies like Bitcoin. It ensures secure transactions and the integrity of the blockchain. For example: - **Digital Signatures**: Verify that transactions are made by the rightful owner of the cryptocurrency. - **Hash Functions**: Used in the Proof of Work consensus mechanism to secure the network and validate transactions³. ### Practical Applications Cryptography is used in various applications beyond cryptocurrencies, including: - **Secure Communications**: Protecting emails, messages, and data transfers. - **E-commerce**: Securing online transactions and payments. - **Data Protection**: Safeguarding sensitive information in databases and storage systems⁴. Understanding these basics will give you a solid foundation to explore more advanced topics in cryptography and its applications in technology and finance. If you have any specific questions or need further details, feel free to ask! [https://academy.binance.com/en/glossary/cryptography?fbclid=PAZXh0bgNhZW0CMTEAAaZukWOTLFKOunPYYRCNC_daeBjOpHkEw0YlcuUOKJ8cFjQMskbCyuUbGzk_ae](https://academy.binance.com/en/glossary/cryptography?fbclid=pazxh0bgnhzw0cmteaaazukwotlfkounpyyrcnc_daebjophkew0ylcuuokj8cfjqmskbcyuubgzk_ae) ¹: [IBM on Cryptography](https://www.ibm.com/mx-es/topics/cryptography) ²: [Wikipedia on Cryptography](https://en.wikipedia.org/wiki/Cryptography) ³: [Fortinet on Cryptography](https://www.fortinet.com/resources/cyberglossary/what-is-cryptography) ⁴: [Kaspersky on Cryptography](https://www.kaspersky.com/resource-center/definitions/what-is-cryptography) Referencias Bibliográficas (1) ¿Qué es la criptografía? | IBM. https://www.ibm.com/mx-es/topics/cryptography. (2) Cryptography - Wikipedia. https://en.wikipedia.org/wiki/Cryptography. (3) What is Cryptography? Definition, Importance, Types - Fortinet. https://www.fortinet.com/resources/cyberglossary/what-is-cryptography. (4) What Is Cryptography? - IBM. https://www.ibm.com/topics/cryptography. (5) What is Cryptography? - Kaspersky. https://www.kaspersky.com/resource-center/definitions/what-is-cryptography. #criptografía #blockchain #criptografico #CriptoRevolución #AnfeliaInvestment

What is Cryptography?

Cryptography is indeed a fascinating and crucial field, especially in the context of modern technology and digital security. Here's a brief overview to help you get started:

Cryptography is the science of hiding information to protect it from unauthorized access. It involves converting readable data (plaintext) into an unreadable format (ciphertext) using mathematical algorithms. Only those with the correct decryption key can convert the ciphertext back into plaintext¹.

### Key Concepts in Cryptography
1. **Symmetric Encryption**: Uses the same key for both encryption and decryption. It's fast and efficient but requires secure key distribution.
2. **Asymmetric Encryption**: Uses a pair of keys – a public key for encryption and a private key for decryption. This method is more secure for key distribution.
3. **Hash Functions**: Converts data into a fixed-size string of characters, which is typically a hash code. It's used for data integrity verification.
4. **Digital Signatures**: Ensures the authenticity and integrity of a message, software, or digital document. It's widely used in cryptocurrency transactions².

### Cryptography in Cryptocurrency
Cryptography is fundamental to the functioning of cryptocurrencies like Bitcoin. It ensures secure transactions and the integrity of the blockchain. For example:
- **Digital Signatures**: Verify that transactions are made by the rightful owner of the cryptocurrency.
- **Hash Functions**: Used in the Proof of Work consensus mechanism to secure the network and validate transactions³.

### Practical Applications
Cryptography is used in various applications beyond cryptocurrencies, including:
- **Secure Communications**: Protecting emails, messages, and data transfers.
- **E-commerce**: Securing online transactions and payments.
- **Data Protection**: Safeguarding sensitive information in databases and storage systems⁴.

Understanding these basics will give you a solid foundation to explore more advanced topics in cryptography and its applications in technology and finance. If you have any specific questions or need further details, feel free to ask!
https://academy.binance.com/en/glossary/cryptography?fbclid=PAZXh0bgNhZW0CMTEAAaZukWOTLFKOunPYYRCNC_daeBjOpHkEw0YlcuUOKJ8cFjQMskbCyuUbGzk_ae
¹: [IBM on Cryptography](https://www.ibm.com/mx-es/topics/cryptography)
²: [Wikipedia on Cryptography](https://en.wikipedia.org/wiki/Cryptography)
³: [Fortinet on Cryptography](https://www.fortinet.com/resources/cyberglossary/what-is-cryptography)
⁴: [Kaspersky on Cryptography](https://www.kaspersky.com/resource-center/definitions/what-is-cryptography)

Referencias Bibliográficas
(1) ¿Qué es la criptografía? | IBM. https://www.ibm.com/mx-es/topics/cryptography.
(2) Cryptography - Wikipedia. https://en.wikipedia.org/wiki/Cryptography.
(3) What is Cryptography? Definition, Importance, Types - Fortinet. https://www.fortinet.com/resources/cyberglossary/what-is-cryptography.
(4) What Is Cryptography? - IBM. https://www.ibm.com/topics/cryptography.
(5) What is Cryptography? - Kaspersky. https://www.kaspersky.com/resource-center/definitions/what-is-cryptography.
#criptografía #blockchain #criptografico #CriptoRevolución #AnfeliaInvestment
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⚡️ Breaking News - September 23, 2024! 1️⃣ Celestia Foundation secures $100M in funding round led by Bain Capital Crypto. - The Celestia Foundation raised $100M to support its modular blockchain network, which helps other blockchains scale by offloading data. It plans to scale to 1-gigabyte blocks. 2️⃣ #Telegram to share user data with authorities following arrest of CEO in anti-crime campaign. - Telegram will now share user details with authorities if rules are broken, following the arrest of CEO Pavel Durov. The platform also updated its terms to block searches for illegal content. 3️⃣ $80M Bill Ackman-backed fund #criptografico closes after Forbes 30 Under 30 founder goes missing in China. - David Gan, founder of Inception Capital, faced a crisis after his father's investigation led to a month-long disappearance. The firm is now in a controlled liquidation and plans to reveal a new investment strategy in October amid staff cuts and uncertainty over remaining capital. 4️⃣ OpenSea users claim #NFT are securities, file class action lawsuit. - Two users have filed a lawsuit against OpenSea, alleging it sells unregistered securities. They argue that the NFTs they purchased, including those of the Bored Ape Yacht Club, are worthless due to their illegal nature, citing a recent notice from the #SEC Wells as evidence. 5️⃣ Bittensor's TAO sparks AI token rally with 56% surge amid market recovery. - The GMAI index, which tracks top AI tokens, rose over 30% last week, while the GM30 index was up 9.8%. Bittensor's TAO token surged 56%, with FET and RENDER rising 20% ​​and 14%, respectively. Fuente: Altcoin Alerts
⚡️ Breaking News - September 23, 2024!

1️⃣ Celestia Foundation secures $100M in funding round led by Bain Capital Crypto.
- The Celestia Foundation raised $100M to support its modular blockchain network, which helps other blockchains scale by offloading data. It plans to scale to 1-gigabyte blocks.

2️⃣ #Telegram to share user data with authorities following arrest of CEO in anti-crime campaign.
- Telegram will now share user details with authorities if rules are broken, following the arrest of CEO Pavel Durov. The platform also updated its terms to block searches for illegal content.

3️⃣ $80M Bill Ackman-backed fund #criptografico closes after Forbes 30 Under 30 founder goes missing in China.
- David Gan, founder of Inception Capital, faced a crisis after his father's investigation led to a month-long disappearance. The firm is now in a controlled liquidation and plans to reveal a new investment strategy in October amid staff cuts and uncertainty over remaining capital.

4️⃣ OpenSea users claim #NFT are securities, file class action lawsuit.
- Two users have filed a lawsuit against OpenSea, alleging it sells unregistered securities. They argue that the NFTs they purchased, including those of the Bored Ape Yacht Club, are worthless due to their illegal nature, citing a recent notice from the #SEC Wells as evidence.

5️⃣ Bittensor's TAO sparks AI token rally with 56% surge amid market recovery.
- The GMAI index, which tracks top AI tokens, rose over 30% last week, while the GM30 index was up 9.8%. Bittensor's TAO token surged 56%, with FET and RENDER rising 20% ​​and 14%, respectively.

Fuente: Altcoin Alerts
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