Crypto terminology: "SHA-256"

in cryptocurrency •  7 years ago 

Crypto Terminology (24).jpg

SHA-256 is a member of the SHA-2 cryptographic hash functions designed by the NSA. SHA stands for Secure Hash Algorithm. Cryptographic hash functions are mathematical operations run on digital data; by comparing the computed "hash" (the output from execution of the algorithm) to a known and expected hash value, a person can determine the data's integrity. A one-way hash can be generated from any piece of data, but the data cannot be generated from the hash.

In the Bitcoin network:

  • Bitcoin network uses SHA-256 as its proof of work algorithm
  • SHA-256 is used in the creation of bitcoin addresses
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!