SCHNORR SIGNATURE SCHEME USING ELLIPTIC CURVE CRYPTOGRAPHY IN SECURING ETHEREUM TRANSACTION

Money is a mean of payment that can be used freely. In addition to the currencies that are generally known, we are now introduced to cryptocurrencies. This cryptocurrency can be traded by everyone around the world without having to purchase the money physically. To secure the cryptocurrency trans...

Full description

Saved in:
Bibliographic Details
Main Author: Hansel, Billy
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/76248
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Institut Teknologi Bandung
Language: Indonesia
Description
Summary:Money is a mean of payment that can be used freely. In addition to the currencies that are generally known, we are now introduced to cryptocurrencies. This cryptocurrency can be traded by everyone around the world without having to purchase the money physically. To secure the cryptocurrency transaction, it is necessary to have a cryptographic scheme that can sign each transaction so that each transaction is unique and can be distinguished from one another. One of the cryptocurrencies that has the second highest selling price on the market, Ethereum, uses elliptic curve cryptography in its security process, which is Elliptic Curve Digital Signature Algorithm (ECDSA). However, apart from ECDSA, there is another method to sign transactions with elliptic cryptographic curves, that is Schnorr signature. In this final project, we will discuss the ECDSA and Schnorr signature schemes, which are divided into two, Schnorr single signature and Schnorr multi-signature. In addition, we will also discuss about the comparison between ECDSA scheme and Schnorr single signature and the comparison between the Schnorr single signature scheme and Schnorr multi-signature.