Emre Can Okten

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The next complication is having a system for checking passwords without a central server. Bitcoin solves this by using one-way functions (like the hash functions we met earlier) to compute the user’s “username” from their “password”: to prove that they own a “username,” users have to provide the “password” that turns into the “username” when run through those functions.
Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies
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