#CryptoSecurity101
Digital Currency Security
Security is one of the most important issues in the world of digital currencies, where the protection mechanisms and risks differ from traditional financial systems. Let's explore the various aspects of digital currency security:
## Core Security Technologies in Digital Currencies
### 1. Blockchain Technology
* **Mechanism**: A decentralized digital ledger distributed across thousands of devices around the world
* **Security Feature**: Data cannot be altered after being recorded without the consent of the majority of participants
* **Transparency**: All transactions are recorded and available for public verification
### 2. Cryptography
* **Public and Private Keys**: A dual encryption system that ensures the privacy and security of transactions
* **Digital Signature**: Ensures that the transaction was made with the consent of the currency owner
* **Encryption Algorithms**: Such as SHA-256 in Bitcoin, ensure data integrity
### 3. Consensus Mechanisms
* **Proof of Work**: Used in Bitcoin to prevent forgery attacks
* **Proof of Stake**: Used in Ethereum 2.0 and others, considered more secure and efficient
* **Delegated Proof of Stake**: Used in currencies like EOS to enhance security