Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols. In blockchain technology, mining algorithms are necessary for transaction verification and network ...

Hashing is a one-way cryptographic function while encryption is designed to work both ways. Encryption algorithms take input and a secret key and generate a random looking output called a ciphertext.

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

Imagine taking a block of data and turning it into a unique string of characters. Like giving it a digital nickname that never changes (unless the data does!). That’s a hash. Whether the original data ...

Members can download this article in PDF format. In the last two articles, we covered the basic concepts and two basic types of cryptography. In this article, we will look at specific implementation ...