1. A one-time pad is a random collection of letters that can be used to encrypt messages with complete security if the key is unknown. 2. There are three methods for encrypting a message with a one-time pad - additive, subtractive, and minuend. Additive adds the key to the message modulo 26. Subtractive subtracts the key from the message modulo 26. 3. While secure, distributing the one-time pads securely between communicating parties poses a challenge, as they must share the key beforehand to decrypt messages.