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Suppose I derived public key from another algorithm instead of elliptical curve or I changed the value of G in EC (K=k*G). Will node accept my public key/transaction? If not how will they know it is not valid

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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

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Created Sep 9, 2010


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