When creating a csper signer wallet what does ED25519 and SECP256K1

Question

Casper

Sylver | Shark Media

When creating a csper signer wallet what does ED25519 and SECP256K1

mean and which do I select?

#blockchain #casper #cryptocurrency #english

0

15.11.2022

4 ответов

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Matt

Hi Chuck, why did the developers come up with the idea of making two keys? Why couldn't you just do one? This greatly complicates the UX of the wallet.

0

15.11.2022

Muhammet KARA Kara

Matt
Hi Chuck, why did the developers come up with the ...

With the latest version, you should be downloading only one key, which is the private key.

0

15.11.2022

Taff │ Forest Staking

Matt
Hi Chuck, why did the developers come up with the ...

These are not 2 separate keys, these are different algorithms which have different functionality depending if you are using smart contracts or not

0

15.11.2022

Chuck | Shark Media · Accepted Answer

Chuck | Shark Media

Hi Sylvester, the choice is up to you however, for EVM compatible keys you can use SecP, this is the most used. ED255 is the more secure of the two. This is a good description for both of them: ED25519: Fast, provides high level of security with fool proof session keys among other features. Secp256k1: is an efficient encryption algorithm and it's the same algorithm used by Bitcoin and Ethereum.

0

15.11.2022

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When creating a csper signer wallet what does ED25519 and SECP256K1

4 ответов

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