SHA-256
SHA-256 (Secure Hash Algorithm 256-bit) is a cryptographic hash function that generates a fixed-size 256-bit hash from any input. It is widely used in blockchain technology for data integrity, encryption, and securing transactions. Bitcoin uses SHA-256 in its Proof of Work (PoW) algorithm to secure the network and validate transactions. The algorithm takes an input, such as a block of transactions, and produces a unique hash. Even a small change in the input will produce a completely different hash, ensuring the immutability of data on the blockchain. Example: Miners in the Bitcoin network use SHA-256 to create new blocks by solving complex cryptographic puzzles.
You may also like
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com