Why is asymmetric encryption considered a more secure option for protecting digital assets in the crypto industry?

1 answers

• Rick CalderonAug 31, 2021 · 4 years ago
  At BYDFi, we understand the importance of security in the crypto industry. That's why we use asymmetric encryption to protect our users' digital assets. By using two different keys for encryption and decryption, we ensure that even if someone manages to intercept the encrypted data, they won't be able to decrypt it without the private key. This provides our users with peace of mind and helps to keep their digital assets safe and secure.
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