Zoekresultaat voor KEYS

A cipher is a mathematical algorithm that transforms plaintext information into seemingly random ciphertext, making it difficult to understand without authorization while allowing authorized parties to decrypt it using specific keys. In the blockchain domain, ciphers primarily fall into three categories: symmetric encryption (using the same key for encryption and decryption), asymmetric encryption (using public-private key pairs), and hash functions (one-way transformations), collectively forming the securi

The iShares Bitcoin Trust (IBIT) is an exchange-traded fund (ETF) that directly tracks the spot price of Bitcoin, managed by BlackRock and listed on the Nasdaq exchange. It allows investors to gain indirect exposure to Bitcoin by purchasing ETF shares without dealing with technical aspects like managing cryptocurrency wallets or securing private keys. The fund holds physical Bitcoin as its underlying asset, custodied by Coinbase Custody, and charges a 0.25% annual management fee.