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0 sats \ 1 reply \ @famisbtc 20 May \ on: [TECHNICAL] Initial draft of my [personal] summary on part #2 of HD-wallets /ECC bitcoin_beginners
@Fabs, great post! I think it's a complicated topic, but you've explained it quite well.
This actually explains why, even though it's almost impossible today, there's still the theoretical possibility of deriving the private key from a public key.
The theory behind this is, in very simplified terms, similar to doing 3 * 5 = 15. In this example, your private key would be 35 and your public key would be 15. There's a possibility of knowing your private key (35) with your public key (15), but there are many possibilities.
When you apply this to elliptic curve cryptography, the possibilities are so vast that it becomes practically impossible to determine the private key from the public key!
Thanks for the post! Accept my sats! 😜