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Proof of Ownership for BTC Addresses: A Detailed Guide

ByEric Ma

Proving ownership of a Bitcoin (BTC) address is a crucial aspect in various scenarios, such as verifying identity in a transaction or demonstrating holdings without revealing private keys. This guide explores how to prove ownership for different BTC address types, including algorithm specifications and step-by-step methods. BTC Address Types P2PKH (Pay-to-Public-Key-Hash) P2SH (Pay-to-Script-Hash) P2WPKH (Pay-to-Witness-Public-Key-Hash)…

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A Comprehensive Guide to PGP: Technical Deep Dive

ByEric Ma

Pretty Good Privacy (PGP) is a robust encryption program that ensures privacy and authentication for data communication. Developed by Phil Zimmermann in 1991, it’s widely used for securing emails, files, and directories. This article explores the technical details of PGP, including its algorithms, key management, and detailed processes for encryption, decryption, and signing. Cryptographic Foundations…

Sybil Attack 101

ByEthan Ainsworth

Distributed systems, such as peer-to-peer networks, , and other decentralized platforms, have become increasingly popular due to their potential to offer more robust, scalable, and secure solutions. However, these systems face unique challenges and vulnerabilities, one of which is the Sybil attack. Named after the psychiatric case study “Sybil,” in which a person exhibits multiple…

Cryptocurrency 101

ByDavid Yang

A cryptocurrency (or Blockchain networks for secure and transparent transactions. Blockchains play a crucial role in maintaining the integrity and immutability of transactional data for cryptocurrencies, making them a reliable and efficient medium of exchange. Decentralized blockchain networks form the backbone of many cryptocurrencies, ensuring a high level of security and preventing fraudulent activities such…

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Decentralized Exchanges (DEX) vs. Centralized Exchanges (CEX): A Technical Comparison

ByEthan Ainsworth

Cryptocurrency exchanges have revolutionized the way we trade digital assets, with two main types of exchanges dominating the market: decentralized exchanges (DEX) and centralized exchanges (CEX). In this article, we’ll compare the DEX and CEX from a technical perspective. Decentralized Exchanges (DEX) DEX operate on a decentralized blockchain network, such as Ethereum, and are built…

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The Impact of Blockchain and Crypto Technologies on Global Financial Markets

ByBtcman.io

Welcome to the groundbreaking world of cryptocurrency and blockchain technologies! These cutting-edge technologies are shaking up the global financial environment and paving the path for a more transparent and decentralized future. Consider blockchain technology to be a digital counterpart of a ledger book. It is a secure and immutable digital ledger that records all transactions…

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Free VPNs for iPhone Users: OpenVPN + Ovpn Spider

ByEric Ma

VPNs are useful for testing viewing webpages from a remote location or visiting blocked websites. In this post, I will introduce a method for finding and using free VPNs on iPhone. Note that the VPNs are free and the providers are not identified. Hence, only use this method for visiting public webpages or keeping visiting…