Base64 is one of the most popular encoding formats for representing data. Have some binary data? Base64 encodes it for convenient readability and parsing. Base58 is just another encoding format (with 58 characters instead of 64, and has gained popularity largely due to Bitcoin and other cryptocurrencies. Also, if you came here confused, encryption and encoding are not the same! Take a look at this article for more information on encryption vs encoding.
Data integrity refers to the accuracy, legitimacy, and consistency of information in a system. When a message is sent, particularly using an untrusted medium, data integrity provides us confidence that the message wasn’t tampered with. For example, the SSL signature of Boot.dev provides confidence that the webpage and data coming from our servers are really coming from us and not the NSA. What Are Potential Causes of Illegitimate Data? Data integrity provides protection from a wide range of problems which involve data being mutated against the purposes of the system.
Crypto has been explosive in 2021. The gains have been even better than the memes! While dancing cat videos are fun, the wise will also take advantage of the various communities as an opportunity to learn more about the technology that supports decentralized money. I’ve put together a small list of the top crypto communities for you to check out this year! #1 Bitcointalk Bitcointalk is undoubtedly the gold standard for the crypto community on the web.
If you’re new to Bitcoin and cryptocurrency, you may have heard the common phrase not your keys not your coins. While self-custody isn’t for everyone, its the only way to truly have exclusive control over your funds. If that’s what you’re into, read on. Dangers of storing your own Bitcoin In order to spend your Bitcoin, you need to have access to your wallet or to the seed phrase that was created alongside the wallet.
Bitcoin improvement proposal 32 is, in my opinion, one of the most important BIPs we have. (Thanks Peter Wuille!) BIP 32 gave us Hierarchical Deterministic Wallets. That is, the ability to create a tree of keys from a single seed. In the early days of Bitcoin, each time a user wanted to receive new coins, their wallet would randomly generate a new Bitcoin private key, along with the associated public key and address.