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NFT Term

Asymmetric Key Cryptography

Definition of Asymmetric Key Cryptography from the NFTguild.com glossary.

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Asymmetric Key Cryptography is one of the main cryptographic systems used by Ethereum, which relies upon a pair of keys. This pair includes a public key (which can be safely shared with anybody) and a private key (which must remain private to the account owner). The generation of these key pairs is handled by a one-way mathematical function using various cryptographic algorithms.