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CBSA Exam - Question 10


Addresses on a blockchain are derived by a process of hashing _________.

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Correct Answer: E

Addresses on a blockchain are derived by a process of hashing public keys. This process involves using the private key to generate a public key, which is then hashed to produce the blockchain address. This ensures the security and integrity of the address, as the public key is visible but the private key remains confidential.

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felixwcf
Mar 16, 2022

Old ref link is not Woking. This is the newer material: https://www.oreilly.com/library/view/mastering-bitcoin/9781491902639/ch04.html https://medium.com/@tunatore/how-to-generate-bitcoin-addresses-technical-address-generation-explanation-and-online-course-a6b46a2fe866