Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Hashing Algorithm
What are Blockchain Hashing Algorithms?
Blockchain hashing algorithms are mathematical functions that generate a fixed-size output, called a hash, from a variable-size input, called the message or data. These algorithms are used in the process of creating new blocks in a blockchain, which is a decentralized and distributed digital ledger. Some common blockchain hashing algorithms include SHA-256, Scrypt, and Ethash. They are used to secure the data and protect it from tampering by providing a digital fingerprint of the data. Blockchain Hashing Algorithms Examples SHA-256:…
Block Education
@BlockEducation
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