Blockchain & Cryptocurrency Glossary

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Decryption

1 min read
Pronunciation
[dee-krip-shuhn]
Analogy
Decryption is like translating a foreign language back to your native tongue using a special dictionary that only authorized people possess. What appears as meaningless symbols to others becomes clear, understandable information once decrypted with the correct key.
Definition
The process of converting encrypted information (ciphertext) back to its original readable form (plaintext) using the appropriate cryptographic key. Decryption reverses the encryption process, making the protected data accessible again.
Key Points Intro
Decryption enables authorized access to protected information while maintaining security against unauthorized parties.
Key Points

Requires the correct cryptographic key to transform ciphertext back to plaintext.

In symmetric encryption, the same key used for encryption performs decryption.

In asymmetric encryption, the private key decrypts messages encrypted with the corresponding public key.

Computational complexity varies based on the encryption algorithm and key length.

Example
When you unlock a cryptocurrency wallet application with your password, it decrypts your stored private keys, making them temporarily available in the device's memory to sign transactions. Once you close the application, the decrypted keys are removed from memory for security.
Technical Deep Dive
Decryption algorithms perform mathematical operations that are precisely the inverse of their encryption counterparts. For symmetric algorithms like AES, this involves running the substitution-permutation networks in reverse order with the same key. Block cipher modes affect the decryption process—CBC (Cipher Block Chaining) requires decrypting in reverse order and XORing with the previous ciphertext block, while modes like CTR (Counter) are more parallelizable. In asymmetric cryptography used in blockchain systems, decryption typically involves mathematical operations on elliptic curves. For example, in ECIES (Elliptic Curve Integrated Encryption Scheme), the recipient uses their private key to derive a shared secret with the sender's ephemeral public key, which then decrypts the message. Secure implementations carefully manage decrypted data, keeping it in protected memory and wiping it after use to prevent exposure in memory dumps or swap files.
Security Warning
Always perform decryption in secure environments, as the plaintext data becomes vulnerable once decrypted. Be particularly cautious about when and where you decrypt sensitive keys or credentials, and ensure decrypted private keys are promptly removed from memory when no longer needed.
Caveat
Decryption capabilities create an inherent security weakness in any cryptographic system. If a system must be able to decrypt data for legitimate users, it potentially creates a target for attackers seeking to gain the same capability through technical exploits, legal demands, or social engineering.

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