Unlocking the secrets of Ethereum: Understanding the signatures of messages and sign transactions
Ethereum is a decentralized blockchain platform with open sources, which has revolutionized the way of thinking about digital resources. One of the innovative features of Ethereum is his ability to prove the ownership of the address with a simple but powerful mechanism called “signatures”. But what exactly are the messages and signing of the transactions and how do they work? In this article we will break the differences between these two concepts, helping to understand the internal functioning of Ethereum.
What are messages?
The sign’s message is a string that can be read, signed with a private key belonging to the Ethereum address. To prove the ownership of the address, the owner signs a message using a private key that creates a digital signature. This signature serves as proof that the owner is the rightful owner of the related Ethereum account.
How do you sign a message?
When the user wants to transfer funds or create an intelligent contract in the Ethereum network, he must first sign a string or man (known as a “message”) using a private key. The message can be any string, but it is usually a simple phrase that reveals information about the owner of the account. For example:
“Johndoe123”
Then the user gives this message, along with their public address and a digital signature created by signing the message.
What are the sign’s transactions?
The sign’s transaction is a more advanced concept than sending a sign. The sign’s transaction has a larger input data, usually an intelligent Ethereum contract or a specific element of the data, and returns a signed transaction that can be used to send funds or create a new online account.
Signed transactions work similarly to signing messages, but require additional input data and outputs. The process includes:
- Signing the message using a private key belonging to the sender’s Ethereum address.
- Creating a digital signature for the input data (e.g. an intelligent contract).
- Connection of these two signatures into one transaction.
Key differences between signatures and signature transactions
To sum up, the main difference between signatures and character transactions is the level of complexity and the type of manufacture that produces:
* signing message
: A simple string that you can read, signed with a private key, providing evidence of property.
* Signature transaction : A more complex transaction that involves signing a message and creating a digital signature for the input data.
To sum up, using “signing messages”, you can prove the ownership of the address by signing a person legible by a person using a private key belonging to the address. This process is simple but powerful, enabling users to determine their identity in the Ethereum network. On the other hand, signing transactions ensure more advanced functionality, including sending funds or creating new accounts.
Understanding the differences between these two concepts, you will be better prepared to move around the complex world of Ethereum and unlock full potential as a decentralized digital ecosystem.