© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022
S. GomzinCrypto Basicshttps://doi.org/10.1007/978-1-4842-8321-9_1

1. How Cryptography Works

Slava Gomzin1  
(1)
Frisco, TX, USA
 

Bitcoin is the most amazing mathematical miracle.

—Steve Wozniak, Apple co-founder

When I was a kid, my parents often took me on a trip to “The South” during the summer breaks. I grew up in St. Petersburg, the big city in Russia’s northwest. It’s very close to the border with Finland (yes, Santa Claus lives there nearby). Summers there are not very cold, and sometimes you can even get a decent sun tanning and enjoy swimming in rivers, lakes, and even the Gulf of Finland (Baltic Sea). However, you still cannot compare it with the ...

Get Crypto Basics: A Nontechnical Introduction to Creating Your Own Money for Investors and Inventors now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.