#1 Blockchain-Bitesize Definition a day; SHA-256
- 256
DEFINITION
(Also known as SHA-256) this refers to a hash function which cryptographic in function.
BRIEF EXPLANATION
The input which is taken by this hash function may vary in size. The end results of SHA-256 is the production of a fixed sized output. SHA-256 is used by bitcoin in areas such as mining and creating bitcoin addresses.
Advantages
• It helps fasten the process of mining
• It helps in the formation of bitcoin addresses
ASSOCIATED WORDS: SHA-256, Bitcoin, Mining
TRIVIA: “SHA” is a short abbreviation for Secure Hash Algorithm
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