Post
Topic
Board Altcoin Discussion
Topic OP
Is it still safe to use & what type of encryption does ETH use ?
by
rupxisshit
on 25/04/2022, 17:32:36 UTC
Hi all,
What type of encryption is this (in the pic).It's 64 characters long.Does it ECC 256 ? AES 256 ?
Second question -I used this wallet here :https://github.com/MyEtherWallet/etherwallet/releases/tag/v3.11.3.1
and in the json file in says -cipher":"aes-128-ctr".aes-128 is usually 32 characters and aes-256 is 64.(64 characters of the private key !).so what is it ? aes-128 or aes-256 or ECC128/256.
Last question and most important - if I created a wallet today with it, and I never used (never sent fund to it), is it still safe to use in the cryptographic sense ? (like encryption type and the version- funds won't be lost because it's an older version right ? is it still the same type of  public\private keys to access ? nothing change in that matter right because if it did, many people who actually used it in 2018 or 2017 or whatever will have problems with it-SO WHY not also use it today right ? lets think I did it 5 years ago.
so the most important question is if I can still you it today,save the public and private keys and that's it, as long as the private key is secure then all good ' right ?
Thanks in advance