Understanding the concept of Private Key, Public Key and Address in Ethereum Blockchain

Before we get deeper into the concept of Ethereum Blockchain, it is important to understand how Public Key, Private Key and Address are generated. To make this easier for beginners, I am trying to explain the technical concept with an example. Ethereum key generation is based on elliptical curve ecp256k1. Eliptical curve (EC) is intense mathematics, and there are a lot of great articles on internet covering deep details of elliptical curve. There are standard...

An introduction to cryptocurrency wallet.

If you’re fascinated by cryptocurrency world and want to be a part of it, the first thing you need to do is to get a cryptocurrency wallet. To perform any transaction on blockchain, or trade any cryptocurrency, you must have a cryptocurrency wallet. What is a cryptocurrency wallet? A cryptocurrency wallet is a secure digital wallet used to store, send, and receive digital currency like Bitcoin, Ethereum and other altcoins. Just like physical wallet...

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