@robertgenito
Messages are encrypted (encoded) with your private memo key and the public memo-key of the recipient.
Messages can only be decrypted (decoded) with either your private memo-key or the private memo-key of the recipient.
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Hmmmm, not like PGP where you can't decrypt it unless you have the recipient's private key. I'll have to research the difference in these encryption algorithms.
Search for Diffie-Hellman key exchange.
Where do we find the private Memo key? There is no option to reveal it in the Steemit wallet.
You can only derive your memo-key from your password.
Do you know of a steemit page that describes each different password and its significance with the Steem protocol? (I’m sure the white paper has this in great detail...)
Oooh thank you for clearing this up...makes sense.