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Re: Crypto Currency Investors Thread by AngelSlay: 3:40pm On Jul 09 |
What Is Shamir’s Secret Sharing? Shamir's Secret Sharing scheme uses an algorithm in cryptography to safely distribute parts of highly sensitive data among a network or group to prevent unauthorized access to the data. The data is divided into smaller parts called shares which are then distributed into a group or network. This scheme is named after a prominent Israeli cryptographer, Adi Shamir. Shamir's Secret Sharing helps significantly reduce the chances of failing to decrypt the sensitive information distributed on the network. It is due to a feature that allows decryption of the information without needing all the shares. Instead, a number lower than the total number of shares called the threshold is set which greatly reduces the chance of a failure if certain parties of the network are unavailable. Example Let’s assume a company called ABC with 12 members wanting to safeguard a vault using Shamir’s Secret Sharing. The key to the vault is encrypted and is divided into 12 parts, called shares. These shares are then distributed to the members on the network, meaning that the vault would require a certain number of these members to allow access. Now, due to the threshold feature, even if one or two members are not available at a specific time, the vault could still be accessed with the presence of the other members. This helps to mitigate the risk of failing to decrypt the passcode while keeping the vault safe and secure. The Process of Forming Shares Shamir’s Secret Sharing is developed through a complex algebraic algorithm that estimates unknown values in a gap between two points. It is called polynomial interpolation. What this means is that the algorithm encodes the information needed to be encrypted into a polynomial expression. This is basically the dividing phase before distributing it through the network to the members. Instead of requiring all the members, only the threshold number is needed which provides enough data points to correctly estimate the values between the gaps in the encrypted shares. |
Re: Crypto Currency Investors Thread by AngelSlay: 3:40pm On Jul 09 |
Low cap projects i am convinced will perform well during the bull run. $OGPU (next solana) $HASHAI $YAI $FUXE $CODEX $SVPN $DEFEND $XEON $ZKLK $LAN $PAAL |
Re: Crypto Currency Investors Thread by AngelSlay: 3:42pm On Jul 09 |
AboutMarty:I need it provided you willing to sell at 1250 |
Re: Crypto Currency Investors Thread by iLegendd(m): 5:15pm On Jul 09 |
All these coins with poor tokenomics that love to rise faster than others are traps. Celestia has big promises, but the tokenomics suck, so it's a sh!t coin. I shorted and will soon be out. 6 Likes 3 Shares
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Re: Crypto Currency Investors Thread by GRACEGLORY: 6:37pm On Jul 09 |
GRACEGLORY: 11:39am On Feb 02 1 Like
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Re: Crypto Currency Investors Thread by GRACEGLORY: 8:37pm On Jul 09 |
1 Like 2 Shares
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Re: Crypto Currency Investors Thread by Fastt: 9:33pm On Jul 09 |
LincolnOnyeabor: You will learn. Once a coin pumps out of 19000 coins, you start seeing I should have bought...can I buy and leave it a year ... Etc. if you had funds, you would have been scared to buy thinking it will dump more with btc. One yr investment for an alt? You go learn. Shit coins don't have defined time to sell. You sell when you see good profit, profit or entering down into a big hole. Run oh . All those 2021 traders here that was carrying bags to offload after 5yrs ![]() 7 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 10:22pm On Jul 09 |
GRACEGLORY: #BTC has to cross the $58k barrier. Price will probably return to the $55.8k support range if rejection persists @$58K, but flipping the $58K, will lead to my second Target @$60K. Good night 5 Likes 1 Share |
Re: Crypto Currency Investors Thread by pafra(m): 5:45am On Jul 10 |
Join our exciting REVOX airdrop campaign with Binance Web3 Wallet! Use my invite code T0XWH3 to earn REVOX $RGT AIRDROP! Find REVOX campaign on Binance Web3 Wallet. #REVOX #binanceweb3 @ReadOnMe3 https://revox.readon.me/ You must have up to 3 bnb to participate in this air drop on .binance web 3 only. You have to login daily for next the next 20 days or less when this token is to be lunch to get rewarded. Compensate yourself.
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Re: Crypto Currency Investors Thread by Siberia01(m): 6:51am On Jul 10 |
So we have the same scenario from last week Is it a pull back from a down trend ? Or the market is doing its recovery ![]() Who knows?... I bought some more and a keep a larger chunk of stables for a possible crash... If it leaves me I don't care I want to get in at 51k
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Re: Crypto Currency Investors Thread by clems88(m): 8:00am On Jul 10 |
You can now use your Payoneer card for binance once again ![]() 4 Likes |
Re: Crypto Currency Investors Thread by pafra(m): 8:11am On Jul 10 |
pafra: The 3 BNB should be deposited in web 3 open BNB |
Re: Crypto Currency Investors Thread by sweetveek(m): 8:28am On Jul 10 |
clems88:any arb opportunity there? |
Re: Crypto Currency Investors Thread by SINisSIN(m): 8:30am On Jul 10 |
This $5 guy must be soaking garri now while hunting for another $5 to continue his million-dollar quest. If it doesn’t go down, it will go up😒😒 yeye Hold up! 1 Like |
Re: Crypto Currency Investors Thread by clems88(m): 11:35am On Jul 10 |
sweetveek:I don't think so |
Re: Crypto Currency Investors Thread by Robnectar(m): 11:56am On Jul 10 |
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Re: Crypto Currency Investors Thread by GRACEGLORY: 11:59am On Jul 10 |
GRACEGLORY: BTC eventually flipped the $58K and hit $59K+, now retesting the 58K area for support. We're not gambling we're investing. 3 Likes
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Re: Crypto Currency Investors Thread by GRACEGLORY: 12:05pm On Jul 10 |
Siberia01: There's only one way to beat these smart money, HODL most, trade the little youre certain of. Most all, HODL. As long as they're not able to shake you out, you win. More so, this cycle is going to be more explosive, they say I've been hyping, that's another hyping.... The best is yet to come 4 Likes 1 Share |
Re: Crypto Currency Investors Thread by Windblown2much: 12:38pm On Jul 10 |
If u check bull records right from time, u'd notice it has always been a year after the US elections so I'm optimistic next bull run will likely b next year🙏 2 Likes |
Re: Crypto Currency Investors Thread by Siberia01(m): 12:51pm On Jul 10 |
Robnectar:kilode? |
Re: Crypto Currency Investors Thread by Robnectar(m): 12:53pm On Jul 10 |
Re: Crypto Currency Investors Thread by Siberia01(m): 1:13pm On Jul 10 |
1 Like 1 Share |
Re: Crypto Currency Investors Thread by Realmrsean: 1:14pm On Jul 10 |
check out this link if you have used telegram for long Might cook like notcoin https ://t. me/dogshouse_bot/join?startapp=6uAjp-GBTrClFI4cIhpM5A Close the space
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Re: Crypto Currency Investors Thread by GRACEGLORY: 1:59pm On Jul 10 |
GRACEGLORY: The support being tested. Do you call these speculation, or certainty? This isn't gambling, is it? Every move named absolutely correctly right from the 55K 10 Likes 2 Shares
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Re: Crypto Currency Investors Thread by GorillaApp(m): 2:14pm On Jul 10 |
legacystore: new to this. i just started researching crypto |
Re: Crypto Currency Investors Thread by Robnectar(m): 3:46pm On Jul 10 |
Re: Crypto Currency Investors Thread by Smithwilliams826: 6:04pm On Jul 10 |
Chikacha:Hope you are not holding trias
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Re: Crypto Currency Investors Thread by OgogoroFreak(m): 7:02pm On Jul 10 |
GRACEGLORY:You dey try small. |
Re: Crypto Currency Investors Thread by Robnectar(m): 8:09pm On Jul 10 |
Re: Crypto Currency Investors Thread by Chikacha: 8:13pm On Jul 10 |
Smithwilliams826: I hold it. I hold most coins less than 100,000,000 maximum supply at this point. ![]() Thank you bro. |
Re: Crypto Currency Investors Thread by Ediffizy: 8:26pm On Jul 10 |
No idea..newbie here |
Re: Crypto Currency Investors Thread by OgogoroFreak(m): 9:21pm On Jul 10 |
Robnectar:Call me when you have raw Ogogoro |
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