Bitcoin

Category - Protocol

Which of the following types of cryptography does Bitcoin use?
  1. One time pad.
  2. Stenography.
  3. Symmetric cipher.
  4. Public key cryptography.
Explanation
Answer: D - Bitcoin uses public key cryptography in order to protect its transactions. This type of cryptography uses a pair of keys: a private key, which is kept secret, and a public key, which is shared with everyone.
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