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bitcoin encryption
The term *bitcoin encryption* generally refers to the use of cryptographic techniques within the Bitcoin network to secure data and transactions. In Bitcoin, encryption is used to protect private keys, secure wallets, and ensure that only the rightful owner of a digital signature can authorize a transaction. Bitcoin itself uses public‑key cryptography (based on the Elliptic Curve Digital Signature Algorithm, ECDSA) to create and verify digital signatures, providing security and authenticity without revealing private keys.
Elon Musk Unveils X Chat Messenger with Bitcoin-Style Encryption
Elon Musk is preparing to launch his own encrypted messenger — X Chat — designed to rival Telegram and WhatsApp. The billionaire says the platform will use “Bitcoin-like encryption” and never sell user data to advertisers.
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