The entire means of encryption sounds ineffective to me. Miners/validators and full nodes have to confirm every transaction. They want two items of data:
- The unique transaction information
- The encrypted model of its hash.
However why is encryption vital?
The signer makes use of his/hers non-public key to encrypt the transaction information and broadcast the general public key into the community, so it is truthful to imagine a big inhabitants of individuals within the community have entry to their public key so everybody can decrypt the transaction information.
If everybody can confirm and decrypt, why trouble encrypting the transaction information within the first place?
My supply is Chainlink:

