Encryption
By Cryptomcmillan1 | Updated on May 24, 2020
Encryption is a process of encoding information the original form of information called plaintext via an algorithm called cipher. The encrypted message is now called ciphertext. Only authorized parties can decipher the ciphertext and convert back it to the original plaintext. It is the practise of secured communication.
Related Terms
Peer to Peer
A communication protocol that does not require a central hub
BUIDL
An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase
Shilling
One who poses as a enthsiastic customer to swindle others as a form of covert advestising.
Altcoin
Coins althernative to Bitcoin
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.