Commitment scheme definition

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Commitment scheme

Commitment scheme logo #21000 In cryptography, a commitment scheme allows one to commit to a chosen value (or chosen statement) while keeping it hidden to others, with the ability to reveal the committed value later. Commitment schemes are designed so that a party cannot change the value or statement after they have committed to it: that is, commitment schemes are binding. Com...
Found on http://en.wikipedia.org/wiki/Commitment_scheme
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