Ethereum: Why does Bitcoin support both compressed and uncompressed keys/addresses?

Ethereum’s Double-S Expenditure: Discovering the secrets behind the keys and compressed addresses

The world of cryptocurrencies has long fascinated enthusiasts with their innovative characteristics, including the use of key and compressed directions. While many people can assume that both concepts are interchangeable, understanding the differences between them is crucial to understand how the Ethereum double expense mechanism works.

Compressed keys: the secret for efficient transactions

The keys compressed in cryptocurrency transactions are used to shorten the length of a public key, which allows faster transaction times and greater scalability. However, they also introduce a unique aspect that distinguishes the compressed keys from uncompressed keys: addresses.

In Ethereum, when a transaction is sent, it is not only the value that is transferred (that is, the quantity) the important; It is also the address
associated with that value. Compressed keys are used to create these directions, which serve as unique identifiers for each transaction in the Ethereum network.

To illustrate this, imagine a simple analogy: when you are in a cafeteria, you want to buy a cup of coffee with your credit card. The barista will give him an address
(for example, 0x1234567890abcdef) that corresponds to his credit card number (0x9876543210Fedcba). This address is like the compressed key: it is an abbreviated version of the original information, which allows faster and more convenient transactions.

However, when it comes to
compressed keys

Ethereum: Why does Bitcoin support both compressed and uncompressed keys/addresses?

, they represent real cryptographic keys used for encryption. These keys are not directly related to addresses; Instead, they are separate entities that allow safe communication between the parties in the Ethereum network.

Uncompressed keys: Safe Bases

Compressed keys, on the other hand, represent
without compressing cryptographic keys. These keys are stored in a similar way to their uncompressed counterparts and serve as the basis for encryption and deciphered processes. Uncompressed keys are used to encrypt data before transmission through the Internet or private networks.

In the context of Ethereum, uncompressed keys are used by the Ethereum virtual machine (EVM) to perform transactions and interact with intelligent contracts. These keys become compressed keys using a cryptographic algorithm called Curve, which allows efficient storage and transmission of large amounts of data.

Double expense: The consequences of uncompressed keys

Now that we have explored the concepts of compressed and uncompressed keys, let’s deepen the Ethereum double expense mechanism. The double expense occurs when an individual tries to spend the same asset twice in a short period, which leads to a conflict between different blocks in the block chain.

During this process, uncompressed keys play a crucial role in resolving these conflicts by allowing safe communication between parties. Uncompressed keys are used to verify transactions and ensure that they are valid before they are transmitted to the network.

In summary, the key compressed in Ethereum serve as shortened addresses, while uncompressed keys represent real cryptographic keys used for encryption and deciphered processes. These keys interact without problems, allowing efficient data transmission, transmission and verification in the Ethereum block chain.

Understanding the differences between the compressed and uncompressing keys is essential to understand the complex technology of Ethereum and develop a deepest appreciation due to its innovative characteristics.

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