Unlock Ethereum’s secrets: comprising signatures and signature transaction
Ethereum is a decentralized platform of an open source code that revolutionizes the way we consider digital assets. One of Ethereum’s innovative features is its ability to prove the address of the address through a simple but powerful mechanism, called “Sign Message.” However, what exactly are subscription reports and subscription transactions and how do they work? In this article, we will divide the differences between the two concepts and help you understand the internal functioning of Ethereum.
What is considerable news?
The character’s message is a chain readable by a person signed with a private key belonging to Ethereum. To demonstrate the property, the owner signs a message using his private key, which creates a digital signature. This signature serves as evidence that the owner is an eligible owner of the associated Ethereum account.
How do subscription messages work?
When a user wants to convert funds or create an intelligent contract on the Ethereum network, he must first sign a chain readable by a person (known as “message”) using a private key. The message may be any chain, but it is usually a simple phrase that reveals information about the account owner. For example::
“Johndoe123”
The user will provide this message along with their public address and digital signature created by signing the message.
What are the signs of transactions?
Sign transaction is a more advanced concept than a signal report. The signal transaction has a larger entry, usually an intelligent Ethereum contract or specific data and returns a signed transaction that can be used to transfer funds or create a new network account.
Subscription transactions work similarly to the signature of messages, but require additional entries and exits. The process includes:
- Signature of a message using a private key belonging to the sender Ethereum address.
- Creating a digital signature for input data (for example, a smart contract).
- Combination of these two signatures in a transaction.
DIFFERENCES -Chave between subscription messages and signature transactions
In short, the main difference between messages and character transactions is the level of complexity and the type of output they create:
* SIGNED MESSAGE : A simple chain readable human reading signed with a private key providing proof of property.
* SIGN Transaction: A more complex transaction that involves signing a message and creating a digital signature for input data.
In short, it is possible to prove the property of the address by signing a chain of a readable person using a private key belonging to the address. This process is simple but powerful, allowing users to define their identity in the Ethereum network. On the other hand, signatures provide more advanced features, including the transfer of funds or the creation of new accounts.
Understanding the differences between these two concepts, you will be better equipped with orientation in the Complex World of Ethereum and unlocks all its potential as a decentralized digital asset ecosystem.