Why is it called "Crypto" anyway? Let's talk Cryptography!
Ever wondered why we don't just call it "Digital Money"? The secret is in the first half of the name: Cryptography. 🗝️
For beginners, cryptography might sound like a spy movie, but it's actually the "magic" that keeps your money safe.
For Beginners: The Digital Lock 🔒
In simple English, cryptography is the science of hiding information.
Think of it like this: You want to send a secret letter to a friend. You put it in a box and lock it. Only your friend has the key to open it.
In the crypto world:
Your Public Key is like your email address (anyone can see it to send you money).
Your Private Key is like your secret password (only YOU should have it to "unlock" and spend your money).
Without cryptography, someone could just "copy and paste" your coins or pretend to be you. It’s what makes your wallet yours!
