Decryption

Decryption is the process of converting encrypted data (ciphertext) back into its original, readable format (plaintext). It ensures that only authorized parties with the correct key can access protected information.

How Decryption Works

Decryption relies on cryptographic algorithms and keys. In symmetric encryption, the same key is used to encrypt and decrypt data. In asymmetric encryption, a private key decrypts data that was encrypted with a corresponding public key.

Why It Matters in Blockchain

In blockchain and crypto, decryption is crucial for maintaining privacy and security. It allows secure communication, ensures only rightful owners can access wallet contents, and supports identity verification without exposing sensitive data.