Hash

In 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, a hashIn cryptocurrency, a hash refers to a mathematical function that takes input data of any size and transforms it into a fixed size output. This... More refers to a mathematical function that takes input data of any size and transforms it into a fixed size output. This output is a unique and random string of characters that cannot be reversed to determine the original input. Hashes are commonly used in 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 technology to verify the integrity of blocks and transactions.