Search our executive blockchain insights and services.
What Is Crypto Mining? Mining used to be about precious metals, but it has acquired a new meaning. In this article, learn about crypto mining and how it works. What Is Crypto Mining?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain16 Dec 2022|INTERMEDIATE|7 MIN READWhat Is Crypto Mining?Mining used to be about precious metals, but it has acquired a new meaning. In this article, learn about crypto mining and how it works. Key Takeaways: Mining, in the crypto lexicon,…
Learn More
What Is Crypto Mining? Mining used to be about precious metals, but it has acquired a new meaning. In this article, learn about crypto mining and how it works. What Is Crypto Mining?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain16 Dec 2022|INTERMEDIATE|7 MIN READWhat Is Crypto Mining?Mining used to be about precious metals, but it has acquired a new meaning. In this article, learn about crypto mining and how it works. Key Takeaways: Mining, in the crypto lexicon,…
Learn More
…Keccak offers many benefits, such as efficient performance and good resistance to attacks. RIPEMD RIPEMD is a family of cryptographic hash functions that includes RIPEMD, RIPEMD-128, and RIPEMD-160. There also exist 256- and 320-bit versions of this algorithm. RIPEMD-160 is an improved version and the most widely used version in the family. Final Words: Applying Cryptography in Practise Cryptography has a surprisingly long history, but one with seemingly endless possibilities for future usage. T…
Learn More
Merkle Proof A succinct definition of Merkle Proof Merkle ProofLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE PROOFCopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle ProofA Merkle proof in blockchain is a cryptographic proof that allows someone to verify that a specific piece of data (such as a transaction) is included in a larger dataset (such as a block in the blockchain) without having to reveal or download the entire dataset. It leverages the propertie…
Learn More
…While this may sound like a lot, it is still low compared to more established transaction systems like Visa, which can handle thousands of tps. Encoding Information in a Block: Cryptographic Hashes It is the cryptographic encoding that makes blockchain so secure, where cryptographic hash functions transform a collection of data into an alphanumeric string with a fixed length, called a hash value. Even tiny changes in the original data will drastically change the resulting hash value. It’s es…
Learn More
…While this may sound like a lot, it is still low compared to more established transaction systems like Visa, which can handle thousands of tps. Encoding Information in a Block: Cryptographic Hashes It is the cryptographic encoding that makes blockchain so secure, where cryptographic hash functions transform a collection of data into an alphanumeric string with a fixed length, called a hash value. Even tiny changes in the original data will drastically change the resulting hash value. It’s es…
Learn More
…While this may sound like a lot, it is still low compared to more established transaction systems like Visa, which can handle thousands of tps. Encoding Information in a Block: Cryptographic Hashes It is the cryptographic encoding that makes blockchain so secure, where cryptographic hash functions transform a collection of data into an alphanumeric string with a fixed length, called a hash value. Even tiny changes in the original data will drastically change the resulting hash value. It’s es…
Learn More
…SHA-256 A succinct definition of SHA-256 SHA-256Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYSHA-256Copy linkShare on TwitterShare on FacebookShare on LinkedinSHA-256Short for ‘Secure Hash Algorithm 256-bit’, SHA-256 is a cryptographic hash function that plays a crucial role in blockchain and the cryptocurrency space. It’s part of the SHA-2 family of algorithms, which were designed by the United States National Security Agency (NSA) and first published in 2001.Designed …
Learn More
…The transaction includes the sender’s address, the recipient’s address, the amount to be sent, and a digital signature. The digital signature is generated using the sender’s private key, ensuring the authenticity of the transaction, which is then broadcast to the Bitcoin network, where it is picked up by nodes (computers running the Bitcoin software), which verify the transaction. Nodes verify that the transaction is signed by the rightful owner of the bitcoins being spent, confirm the b…
Learn More
…Merkle Leaf A succinct definition of Merkle Leaf Merkle LeafLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYMERKLE LEAFCopy linkShare on TwitterShare on FacebookShare on LinkedinMerkle LeafA Merkle leaf is the bottom-most node of a Merkle tree, which is a binary and hierarchical data structure that efficiently organises and verifies data using cryptographic hashes. A Merkle leaf contains the hash value of a single transaction data in the context of blockchain.Each node in a Merk…
Learn More