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Digital Signatures Simplified
Digital signatures ensure that blockchain transactions are secure and can be verified. They verify that a transaction was initiated by the legitimate owner and remains unchanged. By utilizing cryptographic key pairs, users can securely transfer assets while keeping private information concealed.
Blockchains depend on various signature types to maintain a balance between speed and security. From ECDSA to Schnorr and BLS, every technique enhances scalability, privacy, or efficiency. These signatures eliminate the requirement for intermediaries and enable trustless networks to operate effectively.
In summary, digital signatures form the foundation of blockchain security.
