SHA-256 is a cryptographic hash function with the SHA-2 family of hash functions. It was developed by the NSA (National Security Agency) in 2016 following the breakdown of its predecessor SHA-1. SHA-256 has never been compromised and is co…

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TDhendup

A Merkle tree (or binary hash tree) involves taking large amount of data and making it more manageable to process. In the case of blockchain technology, merkle trees are used to organize transactions such as “Alice sent Bob 5 BTC”, using fe…

blockchain

TDhendup

I have collected the best of the videos from youtube (Source: TechiSource ). The following two videos will show you how the mining works. The video will also demonstrate the use of nonce.  Part 1:         Part 2:

blockchain

TDhendup

Summary ·       A nonce stands for “number used once” in cryptographic communications. ·       It is randomly generated and cannot be calculated, only guessed. ·       The purpose of the nonce is to make it prohibitively difficult for…

blockchain

TDhendup