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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)Bitcoin uses elliptic curve cryptography (ECC) and the Secure Hash Algorithm (SHA) to generate public keys from their respective private keys. Cryptography is a field of math and includes the study of encryption, hash functions, and digital signatures. � The Bitcoin network uses hash functions to ensure. Cryptography is a method of keeping information and communications private using codes so that only specific people can access them.