Cryptocurrency Q&A How do pop tokens work?

How do pop tokens work?

Giulia Giulia Wed Feb 19 2025 | 5 answers 1071
PoP tokens, or Proof-of-Possession tokens, are a type of security token that provides an additional layer of authentication. They work by binding the token to the client machine through a public/private key pair, ensuring that only the legitimate owner can use it. This mitigates the risk of token theft and misuse, as the tokens cannot be used without the corresponding private key. How do pop tokens work?

5 answers

KDramaCharm KDramaCharm Thu Feb 20 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a secure wallet. These services cater to the diverse needs of cryptocurrency traders and investors.

Was this helpful?

354
23
Dreamchaser Dreamchaser Thu Feb 20 2025
PoP tokens are securely tied to the client machine through the use of a public and private PoP key pair.

Was this helpful?

180
56
KabukiPassion KabukiPassion Thu Feb 20 2025
The process begins with the token issuer, Entra ID, injecting the PoP public key into the token. This step ensures that the token contains a verified and recognizable public key.

Was this helpful?

188
98
Sofia Sofia Thu Feb 20 2025
On the client's end, the private PoP key is utilized to sign the token. This digital signature acts as proof of the client's identity and authorization to access the token.

Was this helpful?

305
56
AltcoinExplorer AltcoinExplorer Thu Feb 20 2025
Once both the issuer and client have signed the token, it is considered fully formed. This means it now contains two digital signatures - one from the token issuer and one from the client.

Was this helpful?

44
67

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts