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What are the steps to generate an RSA keypair for securing cryptocurrency transactions?

avatarNWLNov 28, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the steps involved in generating an RSA keypair for securing cryptocurrency transactions? I would like to understand the process thoroughly.

What are the steps to generate an RSA keypair for securing cryptocurrency transactions?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    Generating an RSA keypair for securing cryptocurrency transactions is an important step in protecting your digital assets. To generate the keypair, start by selecting two prime numbers, p and q. Multiply p and q to obtain n. Calculate φ(n) by subtracting 1 from both p and q, and multiplying the results. Choose a value for e that is relatively prime to φ(n). Calculate d, the modular multiplicative inverse of e modulo φ(n). Your RSA keypair consists of the public key (n, e) and the private key (n, d). Remember to keep your private key safe and secure to prevent unauthorized access to your cryptocurrency transactions!