CRYPTOGRAPHY AS A WAY TO MAKE A PROFIT

Authors

  • Evgeny Aleksandrovich Gorba Irkutsk State Transport University
  • Natalya Nikolaevna Grigorieva Irkutsk State Transport University

Keywords:

mining, crypto currency, cryptography, blockchain, encryption

Abstract

After the advent of public key cryptography, it turned into a rapidly developing field of quite scientific research. In the field of research, which now employs thousands of researchers and hosts hundreds of conferences. With the growth of technology, the need for data encryption has also grown. New information technologies have made it possible to better hide information from the "eyes" of a potential enemy. But the growth of technology leads not only to the improvement of encryption capabilities, but also to the growing possibility of decrypting information, which in turn forces us to come up with new ways to preserve the integrity and truthfulness of information, such as the blockchain system. In turn, based on the blockchain, there is an opportunity for collective earnings, which is actively used by thousands of system participants. The article discusses cryptography as the science of encrypting and decrypting information and how it is used in the modern financial world. How thousands of blockchain system participants earn on it. The article also discusses the blockchain system itself and how the process of generating income for system participants takes place.

References

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Published

2022-05-15

How to Cite

Горба, Е. А., & Григорьева, Н. Н. (2022). CRYPTOGRAPHY AS A WAY TO MAKE A PROFIT. The Electronic Scientific Journal "Young Science of Siberia", (1(15). Retrieved from https://ojs.irgups.ru/index.php/mns/article/view/337

Issue

Section

Computer science and engineering