To get more traffic. I’ve put together a few practical notes about hash functions.
Bitcoin uses SHA-256 to calculate block hashes and transaction IDs, and hashes twice (double SHA-256). Don’t confuse transaction hashes with private keys: transaction hashes can be public, but private keys and seed phrases must never be shared with anyone.
$BTC Mining is essentially the repeated calculation of SHA-256 hashes to find a result that meets the difficulty requirement.
Rather than ask the drifting clouds, I ask the people. Follow Lao Lin to see the ways of the world. May you find your answer too.
#BTC
Bitcoin uses SHA-256 to calculate block hashes and transaction IDs, and hashes twice (double SHA-256). Don’t confuse transaction hashes with private keys: transaction hashes can be public, but private keys and seed phrases must never be shared with anyone.
$BTC Mining is essentially the repeated calculation of SHA-256 hashes to find a result that meets the difficulty requirement.
Rather than ask the drifting clouds, I ask the people. Follow Lao Lin to see the ways of the world. May you find your answer too.
#BTC
