How did they go from "16^54 mod 17" to "3^(24*54) mod 17"? Don't seem like the same numbers to me, and the transformation isn't further explained.
When did they ever say 16^54?
Tell me at what time marker because I missed it.
at 4:26 in the video they said that
3^24 mod 17 = 16, which the result
of Bob's calculation.
One step closer to understanding public key cryptography but it still has not clicked.
Does their answer translate into a Bitcoin private/public key?
This video is different from Bitcoin...They are specifically using
the Diffie-Hellman Key Exchange to exchange private keys
over a public channel.
Bitcoin is more straightforward as far as public key/private key.
With Bitcoin, only you know your private key and don't have
to exchange it with anyone.
But the concept of one way function still applies. It is easy
to sign with your key and verify someone else signed correctly
but very hard to forge a signature or determine a private key
from a public key.