Generating Infinite Credit Card Numbers: Unravelling Luhn's algorithm
Luhn's algorithm is a fundamental method used to validate credit card numbers and plays a crucial role in the financial industry. This article aims to explore the inner workings of Luhn's algorithm, its implications, and the possibilities it opens up for generating infinite credit card numbers. Understanding Credit Card Number Composition A. Components of a credit card number Issuer identification number (IIN): The first few digits that identify the card issuer. Major industry identifier (MII): A digit that specifies the industry the card belongs to. Account number: A unique identifier for the cardholder's account. Check digit: A single digit calculated using Luhn's algorithm to ensure the validity of the card number. B. Validating credit card numbers using Luhn's algorithm Luhn's algorithm provides a reliable method to verify the authenticity of credit card numbers. It follows a step-by-step process that involves manipulating and analyzing specific digits withi...