The Celo blockchain is a mobile-first platform designed to make financial Decentralised Applications (DApps) and crypto payments accessible to anyone with a smartphone. Its unique approach to blockchain technology centres around user accessibility, emphasising ease of use and global reach. Unlike traditional identity-based encryption methods that rely on a centralised authority for private key generation, Celo introduces a variant called address-based encryption. This method allows users to generate their own private/public key pairs and register their public keys in a decentralised, append-only database. This database links addresses (such as phone numbers) directly to public keys, facilitating secure and private […]
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