Ethereum: Why is P2PKH used instead of the simpler P2PK?

Ethereum: Why is p2pkh used instead of a simpler p2pk?

Elliptical Cryptography (ECC) has been the subject of discussion and researchers. In this article,

Elliptic Curved Encryption Technology

The cryptography of the elliptical curve is considered safe. This is because the ECC uses a mathematical concept called logarithms that are theoretically non -fractured. However, this safety is at a cost.

Restrictions on p2pk

P2PK (public key hierarchy diversion) is a simpler public key system that uses only hash’s difficulties to secure events. The

Why p2pkh was selected

In 2017, Vitalik Buter, Founder of Ethereum, proposed P2PKH as an alternative to P2PK. He claims that p2pk is too energy intensive to support a large -scale blockchain, such as Ethereum. Ethereum can reduce computational requirements and make it more energy efficient.

Additional Benefits of P2PKH

In addition to safety, p2pkh also has some additional benefits:

* More energy efficiency

: as mentioned earlier, p2pk requires more computer resources and energy in the well of new blocks. Using a Separate hash feature for the public key Ethereum can reduce its energy consumption.

* Improved network Durability : P2PKH provides a better network flexibility by allowing events to handle events in matches and not one at a time.

* Better support for scalability : p2pkh is designed to support scalability and high transactions.

Conclusion

In summary, ALTHOUGH P2PK is still used in certain scenin scenalios, P2PKH provides a more scalable, flexible and safer alternative to the Ethereum public key system. As the network grows

Other Resources

• [Ethereum’s Whitopaper] (

• [Vitalik Butin’s Blog] (

• [Elliptic Curve Encryption Technology (ECC) Wikipedia Article] (

Note:

HELPING HELPING PREDICT CRYPTOCURRENCY CORRECTIONS