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Learn Bitcoin and Blockchain
book

Learn Bitcoin and Blockchain

by Kirankalyan Kulkarni
August 2018
Beginner to intermediate
94 pages
2h 37m
English
Packt Publishing
Content preview from Learn Bitcoin and Blockchain

Hash function 

 The main cryptography techniques used in cryptocurrency are a hash function and a digital signature.

Let's look at each of these briefly. The hash function is a mathematical function with the following properties:

  • Any input that we provide, be it a string, number, floating number, or anything, can be of any size
  • It produces a fixed-size output such as a 128-bit hash outcome or even a 256-bit outcome
  • It is collision-resistant
  • It hides the data within it

Let's now look at an example of a hash function in the following diagram:

Let's look at the hash function being used here. In the preceding diagram, we gave Fox, one string, ...

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Publisher Resources

ISBN: 9781789536133