Ethereum: Why is it impossible to derive a private key from a public key?
The Ethereum public key equation, “K = k * G,” may seem like a simple formula for deriving a private key from a public key. However, this assumption is fundamentally flawed in the context of cryptography and blockchain technology.
Cryptocurrency and smart contract platforms, including Ethereum, use public and private keys to store and communicate sensitive information such as balances, transactions, and cryptographic secrets. The idea behind a public key infrastructure (PKI) like Ethereum is that a shared secret key, known as the private key (“k”), can be used to encrypt messages and decrypt them with the corresponding public key.
However, there are several reasons why it is not possible to derive a private key from an Ethereum public key:
The mathematical operations required to derive a private key from a public key are expensive, making them impractical for large-scale applications. First, the multiplication “k * G” is an elliptic curve point doubling (ECDPA) algorithm with a time complexity of O(sqrt(n)
), where n is the order of the generator (G). For most practical purposes, this means that even if one party knows its private key, it cannot easily derive it from the public key.
In summary, while the public key equation “K = k * G” may seem like a simple formula for deriving a private key from a public key, it is fundamentally flawed due to computational complexity, mathematical limitations, and security considerations. Ethereum uses other protocols and mechanisms to securely store and exchange cryptographic secrets, such as the Elliptic Curve Digital Signature Algorithm (ECDSA) with HMAC-SHA256.
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