These days everyone is talking about blockchain technology but most people do not know the in-depth details of how blockchain technology works in cryptocurrencies. One of the basic concepts in blockchain technology is Hashing. Although understanding Hashing is a little bit technical we will try to explain it in an easy way. What Is Hashing…Continue readingWhat Is A Bitcoin Block Hash And How Is It Made?
Tag: Hashing
I understand that this is a hash from something, but from what?Continue readingBy what formula is the genesis-hash calculated?
To use Bitcoin, user generally needs two things: Private Key and Bitcoin Address.Continue readingHow Bitcoin Addresses are generated? Understand the Math behind Bitcoin
This is a question I’ve had for some time. It has to do with the hashing algorithm of Bitcoin.Continue readingWhy does Bitcoin keep using SHA256 in its POW?