Non-Malleability in cryptocurrency refers to the property of a digital transaction being unable to be altered or manipulated by an external party. This means that once a transaction is sent and confirmed on the blockchain, it cannot be changed in any way. Non-Malleability is crucial for the security and reliability of cryptocurrency transactions as it ensures that the integrity of the transaction remains intact.
Non-Malleability helps to prevent fraudulent activities such as double spending and tampering with transaction details. It also provides assurance to users that their transactions are secure and cannot be altered by any malicious actors. This property is achieved through the use of cryptographic techniques and protocols that make it virtually impossible for anyone to modify the data in a transaction.
Overall, Non-Malleability is a key feature of cryptocurrency that ensures the immutability and trustworthiness of transactions on the blockchain. It is a fundamental aspect of blockchain technology that guarantees the integrity and security of digital transactions in the decentralized and transparent system of cryptocurrencies.
