Crypto did

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  • crypto did
    account_circle Mikahn
    calendar_month 30.09.2020
    Between us speaking, in my opinion, it is obvious. I advise to you to try to look in
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Main article: Cryptocurrency and crime. When a verifier receives some data in some protocol-specific format that contains a proof that was made for the purpose of "authentication", and that says that an entity is identified by the DID , then that verifier checks to ensure that the proof can be verified using a verification method e. In this case, the counterparty uses the cryptographic public key information in the verification method to wrap a decryption key for the recipient. However, as the more popular cryptocurrencies can be freely and quickly exchanged into legal tender, they are financial assets and have to be taxed and accounted for as such. For example, a cryptographic public key might be used during Diffie-Hellman key exchange to negotiate a shared symmetric key for encryption.