When people debate the value of gold and bitcoin some often cite that gold has been valuable to humans for millennia. Yet people fail to realize that bitcoin’s backbone of cryptography has been valued for thousands of years as well.
One of the properties that makes bitcoin valuable is its use of strong cryptographic encryption methods. Cryptography is a very useful science and technology dating back to the Egyptian period of ca-1900 BCE. Archeologists discovered that Egyptians used a method of concealing information by utilizing cyphertext carved on a stone.
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jamie.redman1
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Re: Like Gold, Bitcoin’s Cryptography Has Been Valued for Millennia
Cryptography is powerful. It had hidden secrets, maintained privacy and even won wars. The German use of the enigma machine is what I see as the birth of modern cryptography.
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