Blockchain & Cryptocurrency Glossary

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

  • search-icon Clear Definitions
  • search-icon Practical
  • search-icon Technical
  • search-icon Related Terms

MAC

1 min read
Pronunciation
[mak]
Analogy
Think of a MAC as a secret 'handshake' attached to a message, which only someone knowing the shared secret can generate and verify.
Definition
Abbreviation for Message Authentication Code. A tag generated using a secret key to verify the integrity and authenticity of a message.
Key Points Intro
MAC is a common shorthand for Message Authentication Code.
Key Points

Ensures message hasn't been altered (integrity).

Confirms the message came from a trusted source sharing the secret key (authenticity).

See 'Message Authentication Code' for a full definition.

Example
Secure network protocols often append a MAC to data packets to ensure they haven't been corrupted or maliciously modified during transmission.

MAC - Related Articles

15 min read

Due Diligence on Tokenized Private Credit — A Practitioner's Guide

Evaluating tokenized private credit requires moving beyond on-chain metrics. The real work is applying the rigorous, traditional due diligence of a credit analyst to the off-chain originator, servicer, and legal structure....

Read