What encryption does bitcoin use

Your files are encrypted bitcoin

Each transaction is represented by data transmitted on the network into a code that can created by applying a cryptographic hash function to the transaction.

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Public Key Cryptography - Computerphile
bitcoinhyips.org � what-is-encryption-blockchain-symmetric-asymmetric. Modern cryptographic systems generally use symmetric and asymmetric encryption (also known as public-key cryptography). In symmetric key systems, the same key. Bitcoin uses elliptic curve cryptography (ECC) and the Secure Hash Algorithm (SHA) to generate public keys from their respective private keys. A public.