Mastering Blockchain - Second Edition

Elliptic Curve Cryptography

Elliptic Curve Cryptography (ECC) is based on the discrete logarithm problem founded upon elliptic curves over finite fields (Galois fields). The main benefit of ECC over other types of public key algorithms is that it requires a smaller key size while providing the same level of security as, for example, RSA. Two notable schemes that originate from ECC are ECDH for key exchange and ECDSA for digital signatures.

ECC can also be used for encryption, but it is not usually used for this purpose in practice. Instead, it is used for key exchange and digital signatures commonly. As ECC needs less space to operate, it is becoming very popular on embedded platforms and in systems where storage resources are limited. By ...