How are session keys created and used in the context of digital currencies?

3 answers

• AncientArrow292Jun 02, 2021 · 4 years ago
  Session keys in the context of digital currencies are created using encryption algorithms such as RSA or AES. These keys are generated by the sender and recipient of a transaction to establish a secure communication channel. The session keys are used to encrypt and decrypt the transaction data, ensuring its confidentiality and integrity. By using session keys, digital currency transactions can be securely conducted over the internet without the risk of interception or tampering.
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• frankfejaJun 01, 2022 · 3 years ago
  When it comes to digital currencies, session keys play a crucial role in ensuring the security of transactions. These keys are typically generated using cryptographic algorithms that provide a high level of encryption. The session keys are used to encrypt the transaction data, making it unreadable to anyone who doesn't have the corresponding key. This ensures that only the intended recipient can decrypt and access the transaction information. By using session keys, digital currency transactions can be conducted securely and privately, protecting the sensitive financial data of the users.
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• Sukhwinder KumarMar 01, 2023 · 2 years ago
  In the context of digital currencies, session keys are created and used to establish a secure and encrypted communication channel between the sender and recipient of a transaction. These keys are generated using cryptographic algorithms that ensure the confidentiality and integrity of the transaction data. Session keys are unique for each transaction and are used to encrypt and decrypt the transaction information. By using session keys, digital currency transactions can be conducted securely, protecting the privacy and security of the users' financial information.
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