Elara

[Elara @Valen_Core_26]

🔐 Types of Encryption

There are 2 main types of encryption:

●Symmetric Encryption 🔑
→ The same key is used to encrypt and decrypt the message.

●Asymmetric Encryption 🔐
→ Two different keys are used: a public key and a private key.

#Cryptography #Encryption

[Elara @Valen_Core_26]

What is Decryption?

● To unscramble messages back into their original form by using keys, so the receiver can read them.

● This process is called decryption.
#Cryptography #Decryption

[Elara @Valen_Core_26]

🔐 What is Encryption?

● To scramble messages by using keys is encryption.

● This system is automatic. The sender doesn't need to manually use the key to encrypt the message because WhatsApp automatically manages the cryptographic keys.
#Cryptography #Encryption

[Elara @Valen_Core_26]

Cryptography is the foundation of the digital world.

•It protects identity.

•It secures communication.

•It verifies ownership.

•It makes decentralized systems like Bitcoin possible.

Without cryptography, the internet wouldn't work the way it does. 🌍🔐#Cryptography

[Elara @Valen_Core_26]

A strong cryptographic system follows one simple rule:

•The algorithm can be public.

•The secret key must stay private.

•Security should never depend on hiding the method.

•This idea protects billions of digital interactions daily.

[Elara @Valen_Core_26]

@nishagoyal30 Because it works quietly in the background—protecting messages, banking, passwords, and crypto wallets without changing how we use those apps.

[Elara @Valen_Core_26]

Every secure app you use depends on cryptography.

•WhatsApp messages stay private.

•Banking transactions stay protected.

•Passwords become harder to steal.

•Crypto wallets remain secure.

Most people use it every day without noticing. #Cryptography

[Elara @Valen_Core_26]

@nishagoyal30 The biggest shift is that cryptography now verifies ownership and secures transactions, making digital money possible without relying on a single trusted middleman.

[Elara @Valen_Core_26]

Before Bitcoin, cryptography protected messages. Today, it protects money.

•Removes the need for a trusted middleman.

•Makes digital ownership verifiable.

•Keeps online transactions secure.

•Powers the modern digital economy.

[Elara @Valen_Core_26]

Cryptography isn't just about hiding secrets. It's about creating trust. 🔐

•Protects your data from attackers.

•Verifies who owns digital assets.
Secures banking, messaging, and Bitcoin.

•Uses mathematics instead of blind trust.

[Elara @Valen_Core_26]

When you add money to an e-money wallet, you’re not creating new money. 💰

You’re converting funds into electronic value that the wallet can use for payments. When you spend it, that value is transferred to the merchant.

Simple on the surface. Powerful underneath. 📱⚡
#EMoney

[Elara @Valen_Core_26]

An e-money wallet stores electronic value—not physical cash. Preload funds once and enjoy fast, secure, and convenient payments anytime, anywhere. 📱💳 #EMoney #DigitalPayments #FinTech

[Elara @Valen_Core_26]

🌍 International payments make global trade possible.
Whether you're buying a product overseas or sending money abroad, banks work together behind the scenes to move value safely and securely. 💸 #InternationalPayments #Finance #Banking

[Elara @Valen_Core_26]

What's the difference between DNS and RTGS? 🤔

DNS settles only the net amount after comparing payments.

RTGS settles every payment immediately.

One saves reserves.
The other saves time.

#CryptoEducation #Finance #Banking #Bitcoin

[Elara @Valen_Core_26]

Ever wondered why central banks matter? 🏦
They influence inflation, interest rates, and the money supply of a country.
Bitcoin was designed to operate without a central bank, relying on a decentralized network instead. #Bitcoin #Crypto #Finance

[Elara @Valen_Core_26]

Every digital payment isn't the same.

✅ Same bank → One bank updates both accounts.

✅ Different banks → The banks settle the payment between themselves.

That's the basic idea behind interbank payments. 🏦⚡

#Bitcoin #Blockchain #Finance #CryptoEducation

[Elara @Valen_Core_26]

An interbank payment moves money between two different banks.

Your bank updates your balance.

The other bank updates the receiver's balance.

Then the banks settle the payment between themselves.

Simple idea.
Powerful system. 🏦💸
#Bitcoin #Blockchain #Finance #Banking

[Elara @Valen_Core_26]

💵 Quantitative Easing (QE) is when a central bank creates new money to buy financial assets, injecting liquidity into the economy.
The goal is to lower interest rates, encourage borrowing, and stimulate economic growth. #Economics #Finance #Money

[Elara @Valen_Core_26]

📌 A currency peg is when a country fixes the value of its currency to another currency, like the US Dollar, to keep exchange rates stable.
Stability helps trade and investment, but maintaining the peg can be costly. #Economics #Currency #Finance

[Elara @Valen_Core_26]

Gold has value on its own. Fiat currency doesn't. Its purchasing power exists because people trust and accept it.
Money works because of belief—not because of the paper it's printed on. 💰
#FiatCurrency #Bitcoin