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Ok, so why do they call it crypto?
by wglb 8y ago
Ok, so why do they call it crypto?
- firethief 8y agoIt's shortened from "cryptocurrency", which derives from "cryptography". Bitcoin does use cryptography, including cryptographic hash functions (for summarizing data in a tamper-resistant way) and signatures (for attesting to authorship), but it doesn't make use of encryption, as the technology doesn't require concealing the content of any communication.
- parliament32 8y agoEncryption and cryptography are different things. Encryption is a type of cryptography, but not all cryptography is encryption.