ethereum encryption algorithm

Chainy is independent Ethereum based smart contract, which exists for as long as blockchain lives.It's independent from anybody.Even if we abandon this project, and it will be impossible to look up the data using other viewers or blockchain explorers or scanners, all previously stored proofs and data will be available via the Ethereum API, for example through Mist or open source viewer.Just as we all like it :) AEON short links Proof of Existence + Files Broadcast Messages Know more View more in blockchain URL shorteners (e.g.bit.ly) are useful in our online life.But did it occur to you that those links may not always lead where they're supposed to?Using short links is a great way for hackers and malware operators to send you to a phishing or malware-infected site, instead of your favorite cookie recipe.Chainy.link solves this problem with the help of an Ethereum smart contract (how it works?).If you are a moderator of content submitted by different users, you need to make sure users can't replace the short links included with their submitted content.
, you want to make sure that long after publication this link won't lead users somewhere else.Replacing linked shortened with third-party services, after content has been approved and published, is the most common way to get unexpecting traffic to bad sites.Using Chainy prevents this and makes it impossible to ever replace short URLs.The real address destination is saved in the blockchain with the unique short code, and never can be changed by anybody.Sample link to chainy github: https://txn.me/2vsYtHBlockchain record of this link: https://txn.me/i/2vsYtH How often you need to sign a file and provide a link, allowing others to see this file and to check its signature?For security or privacy reasons you may not want to trust saving your file on a server belonging to a third party.Chainy solves this problem by saving the proof and a link to the file together in a smart contract.You can even include the proof link directly in the smart contract.We made the link so short (and unique at the same time) that it's easy to retype it or write by hand.Sample file with link to download: https://chainy.link/8rhftHShort alias: https://txn.me/8rhftH Do you want to carve in stone your message to the world, loved one, or business partner?
Claim you're a world champion, or do you just want to leave a message to your descendants?ltc bitcoin priceNow you can record your text right in the blockchain and it will be there forever.You can also leave it encrypted, for privacy.ephemeral port rangeSample Message — "Hello World!": https://chainy.link/8riytH, short alias: https://txn.me/8riytH To create a record in the contract, its method must be called and parameters in a JSON structure are passed to create a recording contract in a .bitcoin to nxtSuch a record results in the creation of a unique short code, which then becomes an index of your records in the blockchain To create a record in the contract, its method must be called and parameters in a JSON structure are passed to create a recording contract in a .litecoin exchange for cash
Such a record results in the creation of a unique short code, which then becomes an index of your records in the blockchain There is illustrated manual – how to use Chainy Contract without website.bitcoin banca d'italiaDoes it seem complicated?easy bitcoin miner for linuxYou can always use online forms we created for you: For users who do not want to bother with tools for geeks, we offer a convenient and simple interface at chainy website.gold backed bitcoinJust paste the link or file into the online form and get a code.bitcoin linux mining softwareOnce the code for the existing record is entered, all information about the record is displayed.Lastly: for the service that performs redirects on short codes – chainy.link and its short alias txn.me, just type in your link as txn.me/yourcode and you will automatically be either redirected to the link or file, or any other existing content, e.g: your message to the world!medium explain bitcoin
1 Because there was no other tool available that would allow us to keep both a link to a file while displaying the file, in a single location.More importantly, it grants users independence as there is no need to decipher proprietary binary data storage formats on the blockchain.At any time, you can read your data using Ethereum's Mist, or even download a viewer in source code and run your own.2 3 Enter your short code in form below or type short link like:https://chainy.link/ or create your data there: https://chainy.link/Bitcoin and transparency go hand in hand.While we can’t say the same about centralized exchanges and trading platforms, the Bitcoin protocol is completely transparent and offers a certain degree of anonymity as well (pseudonymity).But as technology progresses, we now have entirely different use cases of blockchain technology on our hands.Bitcoin’s underlying blockchain technology has grown beyond being a public ledger keeping a record of all bitcoin transactions.The application of blockchain technology is now being widely explored by banking and financial institutions across the world.
There are many smart contracts being built using Bitcoin blockchain as well as Ethereum.the increasing applications and use cases for bitcoin blockchain also calls for the introduction of certain features suitable for particular industries.When it comes to the banking sector, they do not prefer public blockchain where anyone can go through their ledger on the blockchain.In such cases, a private blockchain can not only make things easier for the industry but also drive adoption.Ethereum may have a solution for that.It includes smart contracts and homomorphic encryption.It is a method of performing calculations on encrypted data without decrypting them first.This offers a much-needed leeway to make use of the blockchain technology on an as-is basis.By using homomorphic encryption techniques to store data over the blockchain, a perfect balance can be created.There won’t be any significant changes in the blockchain properties.Meaning, it will still be a public blockchain.However, the data on the blockchain will be encrypted, taking care of the privacy concerns associated with public blockchains.
The use of homomorphic encryption technique will not only offer privacy protection, it will also allow ready access to encrypted data over public blockchain for auditing and other purposes.In order words, the use of homomorphic encryption to store data on public blockchain will offer the best of both public and private blockchains in one single package.Private blockchains are still in the exploratory phase, where companies like R3 and Linux Foundation’s Hyperledger project are working on.R3 recently announced the launch of their private distributed ledger for the banking consortium called Corda.Corda is built specifically for the banking and financial sector.It is still undergoing trials.Ethereum smart contracts using homomorphic encryption can offer similar features and greater control while keeping all the goodness of Ethereum intact.One of the use cases of homomorphic encryption on the blockchain, as explained by Kobi Gurkan from Shield128 blockchain security platform, takes an Ethereum smart contract for managing employee expenses.