Difference between ECDSA with ED25519 and Their Future

Author:

Luo Yiming

Abstract

It is always a trendy topic about virtual currency nowadays in the world. These virtual currencies like Bitcoin and Monero are precious and cryptic, which play a more critical role in the economy since no departments or governments control their transactions and deals. How could the transaction system provide users with security and protect their property? What's more, one of the most important characteristics is that all the transactions are untraceable, which means that the governments and the users cannot figure out the identity of another user. This paper discusses some principles of Bitcoin and Monero. For instance, some encryption algorithms like ECDSA and ED25519 are applied to help users to verify the whole transaction, and Ring signature is used in Monero to conceal the user's identity. Meanwhile, this article will also compare some encryption algorithms' security and efficiency. Moreover, there would be a discussion about some advanced communication technologies. For example, there would be a brief introduction to quantum communication and entanglement. Then, it would also have an intense debate about the future of ECDSA and ED25519 if quantum communication and quantum entanglement were invented.

Publisher

Darcy & Roy Press Co. Ltd.

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3