← Back to the archive
Bitcoin.onl > Archive > Bitcoin Forum > Re: We accept Bitcoins
AuthorTopic: Re: We accept Bitcoins
satoshiFounderSr. Member★★★★
Re: We accept Bitcoins
« on: May 20, 2010, 09:43:42 PM UTC »

Can I just butt in with a question on why that is? To me it seems that if Bitcoin uses public-key cryptography to transfer ownership of the coins, it should be a trivial matter to include a short message that is only readable by the recipient.
Almost but not quite.  Bitcoin uses EC-DSA, which can only do digital signing, not encryption.  RSA can do both, but I didn't use it because it's an order of magnitude bigger and would have been impractical.
Original: view the exact post on bitcointalk.org ↗Text compiled by the Satoshi Nakamoto Institute, used under CC BY-SA 4.0. Formatting by Bitcoin.onl.
© Bitcoin.onl · Home