Cipher

A cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... More cipherA cryptocurrency cipher is a cryptographic algorithm used to secure and protect transactions on a blockchain network. It involves encoding data into a non-readable format... More is a cryptographic algorithmA cryptocurrency algorithm is a set of instructions that are programmed to execute a specific task or function related to cryptocurrencies, such as mining or... More used to secure and protect transactions on a blockchainThe blockchain is a digital ledger that records transactions in a secure and decentralized manner. Think of it like a shared spreadsheet that is constantly... More network. It involves encoding data into a non-readable format using a mathematical function. An example of a commonly used cipher in the crypto world is SHA-256, which is used to secure transactions on the BitcoinBitcoin is like a digital treasure that you can use to buy things online. It's like having a secret code that only you know, and... More network.