Showing posts with label elliptic curve. Show all posts
Showing posts with label elliptic curve. Show all posts

Monday, April 15, 2019

Bitcoin uses a specific elliptic curve

Bitcoin uses a specific elliptic curve and set of mathematical constants, as defined in a
standard called secp256k1, established by the National Institute of Standards and Technology
(NIST). The secp256k1 curve is defined by the following function, which produces
an elliptic curve:

y 2 = (x 3 + 7)over(? p)

or

y 2 mod p = (x 3 + 7) mod p

The mod p (modulo prime number p) indicates that this curve is over a finite field of
prime order p, also written as ? p, where p = 2256 - 232 - 29 - 28 - 27 - 26 - 24 - 1, a very large
prime number.

BlackRock has big influence in the Bitcoin ecosystem, but who owns BlackRock?

BlackRock has big influence in the Bitcoin ecosystem. For example with the development of the Bitcoin ETF (IBIT) and investments within the ...